As of lunchtime on 1/29, it sure looks like the market is tired. There's still strength, so Bears want to be careful, but I'm not liking the way the Russell is under-performing. Breadth is less than robust, too.
I think that perhaps there is some fear that the Fed is going to disappoint tomorrow.
Since the market is not out of the woods as yet, we want to be pretty careful.
OEXCHAOS
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Pass the word on, if you would.
UK Tech is partially incommunicado, but is trying to work on it as he can.
OEXCHAOS
Boy, not sure about this blog. That was not what I wrote.
I wrote under the heading of market [S&P] that I believe the high for the day is in and that I was expecting a sell-off this afternoon. [Boy, talk about mercury retrograde impact on computers!] Good trading...MDW
Folks had problems posting, so we'll work on this one again in the future.
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