Wednesday, August 26, 2009

Close Update: A whole lotta nuttin.


So apparently what today indicates is that the market is going nowhere without gapping either up or down. It is going to take a pretty violent move to get things going and even so, moves that start from a standstill (which is what these past 5 or so trading days have been technically) are usually retraced at some point. So back to wait and see mode.

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