Thursday, November 18, 2010

Market Stuff

Weekly systems have reentered shorts in the 1195 area for ES and 720 for TF based on reticulation re-entries. Market looks rather frail...and they tried as hard as possible to get GM to stay above the initial offering price on the first day of trading. Given how fickle our fearless leaders are, I would not be surprised with an exit stage left scenario.