Monday, November 8, 2010

Lackluster Monday

Current market status:  Healthy
Today's Signal: Hold
Last trade:  Sell/Short (11/5/10)

I was unavailable today, but looking back at the action that was probably a good thing.  Volume was pretty anemic.  We were very close to generating a buy signal, so I think tomorrow could go either way.  I'm still short from last week though. I'm thinking there will be a little pullback into midweek before another surge up late in the week when QE2 is expected to kick off.

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