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Tuesday, June 9, 2009

S&P 500 Going Nowhere Fast


Does anyone else feel this train slowing down? Up up up up up up up ???--- since June 1, I for one haven't seen any direction. Up and down, back and forth....947, 925, 947, 925. Close for June 1st 942.75, what was today's close again? oh yeah, 941.75! Anybody else feel like banging their head against a wall??
So the next question, "What happens now??" Who the heck knows? If you have a crystal ball please share it with me!!! But I think my shorting bias may come in handy again in the not so distant future. It may not, only time will tell. But market makers, if you are out there? let's get this thing moving. I need some solid action!
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