Friday, July 1, 2011

6/30 - 1 min

the market continues to be strong and is making more believers of the rally but still many don't believe it...i am in the sideways camp where i really have no idea if this will go way higher or stop soon and fall back down...sentiment-wise, it really doesn't feel like we are gonna have a much bigger drop soon...more likely to go higher actually...weird huh?

but i think techincally, we need to see where UUP goes...breaks down and we have to buy with both fists...if bounces and goes higher, then we will have a nice round of selling...watch that and keep ahead of the news...

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