Friday, July 29, 2011

Busted !!

Ok, Last update for the day.

This is the last update for the day until after the close. The markets have made a very nice move to recover everything we lost this morning and I will stay in until at least Monday. No telling what the rest of the day will bring because yesterday it started a trend down at noon, but I have to go with what I see at this moment in time and it is telling me to stand down. It is times these that make me wonder why I do this.

sp-dailyview2

Update, remember unless there is a sudden recover? Here it comes and this might make me hold on another day. Got 35 more minutes to decide.

sp-dailyview2

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The current uptrend in the C and S fund are busted and I see no recourse but to bail. Lick my wounds and wait until they fix this crap. So unless the markets do a remarkable recovery from now till 11:30am, I will retreat to the G-fund. I still believe that Congress will fix this, but until they do I will retreat.

sp-daily

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