9 Comments
 

below... claims / economic indicators released this morning are better than previous figures but weaker than what has been forecasted, a sign that our optimism / belief in the recovery is proving to be a shot in the dark.

Euro is up, but still at a weak 1.21

Definitely see the volatility causing it to flirt with the 10,000 mark... look what happened yesterday

 

Daytraders will sell out for the weekend bust as well anyone who is fearful of volatility. Anyone who sells on a daily/weekly basis does not want the risk of hanging around for the weekend. Though today was a major move of close to 300 points. While that is great news the underlying concerns of Europe, real estate bubble in china, and fears of recovery in the US remain. Volatility makes the market damn well unpredictable, though I am bearish on tomorrow's market.

 

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