Monday, July 18, 2011

NOTHING NEW

BEAR ROAST! Low of day was 1295-6 and that was .618 FIB of move. Friends, the computers will win everytime, most traders will lose.

The debt ceiling talk....that chaos is a joke, it's a setup to pull off a "last minute deal" but friends, is it a VICTORY just because we get to continue borrowing against $14.5 TRILLION already? When you MAX your credit you are maxxed...not Sovereign govts that can print.

ANyway.....the market may be setup to see what overhead resistance it can take out. This IS a Bull market, but one that has left OUT most of the people

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