Archive for the ‘Psychology’ Category

This market has not moved now going on the 7th day in a row. Volume yesterday was the lowest of the year. I continue to watch, listen, and learn. Maybe do some spring skiing today as this market just won’t give us much of an edge right now. We will continue to see where it all goes. Sometimes you just have to step to the sidelines and not force the hand. Market gives you what it has. Right now, that is nothing.

Monday am so it must be rally time. The players have taken up all equities and oil and gold and interest rates. All boats rise together indeed. We are just trying to figure it all out this am.

We covered our short again from 1380’s back into the close here @ 73’s. Now trading 1370.
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Have a great weekend.

Same old same old. Market stuck in Fed Intervention land.