Thursday, December 11, 2008

R.C. Market Report 12.11

  • Tomorrow's Forecast: Still Cautiously Optimistic
  • Today: This feels like the period of apathy that Carter Worth had been talking about. All life and activity just being squeezed out of the market. We had the first sizable move in four days late today but I can see us turning over back and forth once again tomorrow.
  • Tomorrow: After all the twisting back and forth, the market will probably end up somewhere higher than where we are. So shorting the market will be fruitless, and being long the market, you'll get stopped out many times having to reenter into the same trade. Not much to advise and not much to say. Just be patient.

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