Friday, July 6, 2012

7/5 - L-red, S-red

SPX got a small pullback and IWM and QQQ didn't...basically, not the real pullback many ppl are looking for...basically, still a tough spot to go long as a stronger pullback is expected still




Thursday, July 5, 2012

7/3 - L-yellow, S-red

Small caps and oil confirm the underlying bullishness behind the rally...i am a buyer...just not now...pullback would be fantastic as NYMO scares me









Tuesday, July 3, 2012

7/2 - L-yellow, S-red

SPX is bullish , nymo is screaming for a pullback and iwm shows the possible future as we go way past this point and towards yearly highs...pullback is coming but still favor long to short so it gets yellow...but def scared to get into anything but ideal stock setups






Monday, July 2, 2012

6/29 - L - yellow, S - red

Hmm...compelling reasons to think resistance will hold as nearly as much reasons why we might just go higher...tough to call and sadly, its just a scary time to go long or short...maybe more to the long side though as that is the current trend














Friday, June 29, 2012

6/28 - L-red, S-red

totally confused on where we going from here....thinking if up, still not a good time to buy....maybe its gonna be no trades for the next week no matter where we go...prefer down as if it hits support, thats a great time to go long









Thursday, June 28, 2012

6/27 - L-red, S-red

I think the market has as good a chance as going up as it does going down...but i do have to admit that my mind is not 100% and might be missing a few clues...in any case, be cautious



Tuesday, June 26, 2012

6/26 - L-red, S-yellow

Still bearish...pullback does not change anything..need more confirmation by the bulls today to change bearish mindset