30 September 2013

30 SEP 2013, Monday



  • Government Shutdown Day!!!
  • Market's been slowly leaking downward supposedly over the fear of this day.  My guess is that they do a Continuing Resolution and the market gets a brief rally until it realizes that the October 17th Debt Limit is fast approaching.  This is all complete nonsense.  Oh well.
  • Leaning to the short side on any rallies which fail short of new highs.
  • Looking for the August lows to be taken out and the June lows to be challenged.
  • Presidential Cycle below.
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