Tuesday, February 5, 2008

02.05.08 - I'd Stay Away

I'd stay away from this and wait to see where we are at the close. Once a day gets going like this, it rarely turns and short signals are still active.

3:10PM CST UPDATE: How was that for ugly. Took most of my hedges off at day's end, but no extra long yet, maybe tomorrow. I wonder how Super Tuesday anticipation plays along with the ISM numbers. Europe is starting to slow yet gold and the Euro were pounded, this could be water on the seeds of my US turnaround commentary from late last year.

Blog to Read: Vix and More ~ TRIN Extremes


No comments: