Tuesday, May 11, 2010

Unstable

The stock market is unstable - period. We had a Hindenburg omen type of signal last week and I am not talking about high levels of new highs and new lows at the same time. I am talking about up and down moves of huge size day after day after day - before the "Crash of 2:45."

Nothing is trending anymore. Everything jumps based on news and then just sits there making us guess rather than follow the trend.

But I am following the trend and it is down.

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