Wednesday, October 28, 2009

Unhappy Day on the Long Side

I guess if you were long it could have been worse, like this expensive two car pile up. No reason to quibble over the 3 cent short change on the gap fill today for SPY, and they did manage to hold it over horizontal support by EOD, so we'll play the game again tomorrow. IWM on the other hand, my Sunday indicator, tells another story as you'll see in the chart. I know I'm a broken record, but this really has been a concerted effort by all of you, so let's get some rest and get ready for more tomorrow. ~Keirsten

Remember: GDP and Unemployment Numbers before the bell, plus a POMO...and I'll edit this later with earnings tickers...

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