20 JUN 2010, Sunday

• Not much to say...bounce continues.  Well sort of.  The bounce this week was basically one day, Tuesday.  Wednesday thru Friday were nowhere days and really tiny compared to recent ranges.  You can barely notice them on the chart.  
• It's summer time...and a light volume environment so "Da Boyz" and their HFT machines can probably very easily control and "paint" the moves they want.  What will it be?  
• Still below 50/90 MA's..between them is neutral, above positive, below negative.  It's typically decision time between them....you figure out which way your leaning and decide whether you want the trade or not. 
• Again, for investors I think late summer / fall may be the next opportunity
• One day at a time.