21 June 2011

21 JUN 2011, Tuesday (AM)

  • Sorry...had to.
  • Markets are due for a bounce from oversold.  How big?  No one knows.  I may start day trading some on the long side if setups present.  Note, trades...it's trying to stabilize but we are still below all MAs (20, 50, 90).  
  • Noon update...Wow!  Some short squeeze there.  I won't trade anymore today and probably not tomorrow due to Greece vote tonight and FOMC tomorrow.  Those two events could be highly disruptive.

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