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Well the morning went pretty much as expected. We gapped up,
stalled for a bit then pressed higher. I told you all this morning
I'd be looking to scale out and take some profits and I did just
They've done a masterful job of bringing us back and the hype
machine is in full blown wide open mode. As I write this, we're
down just 93 and looking strong. I won't be surprised if we go
green... my "bounce" just a day later.
Okay the morning went as planned. We opened weak, bounced, and
then plunged. As I said I'd do, I lightened up, Selling half my VXX
at 35.92, for a 15 dollar per share take, and covering our
DIA's at 99.24, for a
Chop. More Chop.
Yes we jumped out of the gate and gained 85 points. Then dipped to
up + 55 then back to + 84 Now back to + 54. Stocks are trading in
tight ranges, with a
Well this is really something. As you know I said this morning I
felt they'd be able to make a green day out of today, simply
because no more bad news came out of Europe. But no... they can't
even muster a good attempt. Do I