Tuesday, October 26, 2010

Are We There Yet?

Once again we spent a day of equity ping pong, but as always, there are some great individual trades out there both short and long if you'll take some time, do a little homework and seek them out. I know, I know.. broken record, but it's true. As long as you "think" your hands are tied, they will be.

I just have a couple of charts today because we're at one of those spots where something could happen quickly or we'll just continue this sideways game for awhile. I'm not Kreskin, so I really don't know. I'm also reminded looking over longer-term charts that should we get a pullback, it could be very short-lived, particularly under the current time-line for politics and the FOMC meeting... yada yada.

Good trading to us all tomorrow! As Osi says, Look Sharp!





Something a little mellow for a Tuesday- you jazz fans will remember

the great Larry Coryell. ;-)

blog comments OCCASIONALLY powered by Disqus