Thursday, September 2, 2010

Turning point??

Lots of mixed messages within the batch of indicators I watch.  Market looks to be at a decision point, probably tomorrow with the employment report, it will break one way or the other.  short term indicators are pointing up, whether they fall back and the mkt continues down or changes trend to up... is yet to be determined.  This is the dead zone where one can get hammered like I did yesterday.  holding overnight can be deadly.   All the more reason to day trade only.

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