Wednesday, June 01, 2011

THIN AIR RECOVERY THESIS

Market always keeps you guessing to steal your chances at EASY MONEY!




Trans got CLOBBERED 3.4%…now below May lows. I had to leave early today from home, so I couldn’t set up trades…..but the gap up option goes away unless you use short funds on days like today……must..whatever style I use keep SPX in mind. ABOVE shows POTENTIAL for trouble at 1344....so we had a day of "warning" to prepare.

1311-1312 first…1294 after that. TRIP to 200 possible….thin air of logic for recovery thesis when wages, employment and housing say dif

*click on ALL charts to enlarge

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