Current market status: Healthy
Today's Signal: Hold
Latest Trade: Buy/Long (triggered 11/09/10)
Commentary
After some morning weakness, which turned out only to be a shakeout of weak longs, the day ended strongly. My system generated a hold signal. Somewhat disappointed the market sold off immediately following the close. I am guessing tomorrow will be boring with low volume. QE2 officially starts Friday and continues almost daily until the printing presses break.
http://www.newyorkfed.org/markets/tot_operation_schedule.html
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