Im looking at the charts and all I can think of is that Friday will be a big move. If not Friday, then Tuesday.
I remember that last 3 day weekend (Martin Luther King Day) and it was just like this. Thursday was very quiet and then wham. I remember that video of the ES trader blowing up. It was a carnival with volatility soaring to new highs.
I called upon my research department, Jim Cramer's Mad Money. Decidedly, he chickened out and decided to place up an old episode from 2006 as he was afraid to make a market call.
I tuned to my other research department and Adami picked American Airlines, Macke picked USO. Clowns!!!
Then I turned to several notable blogs where there seemed so much indecision.
Well, futures slightly green. Calendar tommorrow is for some housing numbers to be announced at 10. Tuesday consumer confidence and more housing numbers.
Nothing on the earnings front except for ZUMZ that could possibly influence the market.
I dunno guys. Tommorrow will be pivotal and that will tell us to get either real short for the next 3-6 weeks or go long. I do know that price has fallen out of that rising SPY wedge. The market will have to close over 1420 tommorrow for it to be a truely bullish sign otherwise we might really go down.
I dunno, but I am waiting here just like pumpndumper and byhiselllo looking for a sign. Lets hope ZUMZ does well so the market can finally rally. Weird sign that some little kid almost ran me over with those things on today.
I remember that last 3 day weekend (Martin Luther King Day) and it was just like this. Thursday was very quiet and then wham. I remember that video of the ES trader blowing up. It was a carnival with volatility soaring to new highs.
I called upon my research department, Jim Cramer's Mad Money. Decidedly, he chickened out and decided to place up an old episode from 2006 as he was afraid to make a market call.
I tuned to my other research department and Adami picked American Airlines, Macke picked USO. Clowns!!!
Then I turned to several notable blogs where there seemed so much indecision.
Well, futures slightly green. Calendar tommorrow is for some housing numbers to be announced at 10. Tuesday consumer confidence and more housing numbers.
Nothing on the earnings front except for ZUMZ that could possibly influence the market.
I dunno guys. Tommorrow will be pivotal and that will tell us to get either real short for the next 3-6 weeks or go long. I do know that price has fallen out of that rising SPY wedge. The market will have to close over 1420 tommorrow for it to be a truely bullish sign otherwise we might really go down.
I dunno, but I am waiting here just like pumpndumper and byhiselllo looking for a sign. Lets hope ZUMZ does well so the market can finally rally. Weird sign that some little kid almost ran me over with those things on today.