27 MAY 2010, Thursday

• An up move like Thursday's should have had some volume behind it.  Look at the volume bars for the SP500...yesterday compared to recent ones.
• Then you'll ask that age old question, "Where's the beef?"
• We're bouncing...now to see where and how it goes.  Bounce to 1140's to form a right shoulder of a head and shoulders pattern then rollover to complete it with a drop to 930 area?  Is it too obvious?
• Dayum that "Flash Crash" screwed up the charts!
• Looking for clues.  Using the moving averages as guides in the meantime which are still negative.