24 June 2011

24 JUN 2011, Friday (AM)

  • Mr. Market's crazy roller coaster ride.  Flip flopping back and forth lately...bull bear battle.
  • Range bound...
  • Past eight days or so have had big gaps that quickly fill.  Yesterday was more of the same including that ridiculous, late day "Greece saves the world" routine again.  That's really getting old....tired of hearing this as "news" for well over a year now.  It's not news it's olds....but Da Boyz use the news!
  • Overnight appears to have flipped back to the long side (this is getting old)...Intermediate still favors shorts.
  • No trades due to the tight sideways range...waiting for it to break away from this range.   

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