3 DEC 2009, Thursday

1. Above is the intraday chop band since 10 NOV (until yesterday noon)...big gaps first thing in the morning and then chop chop the rest of the day.  Yielding a whole lot of nowhere.
2. Definitely sideways and out of sideways comes a move...up or down?  Let it breakout of the range and then see how it reacts afterward. 
3. Unemployment Report Friday AM...this report results in a sizeable move 85% of the time...perhaps the sideways shows that everyone is waiting for the report and unwilling to commit before it.
4. This restores faith that there are some Senators that get what the heck has occurred in depth!