Showing posts with label recap. Show all posts
Showing posts with label recap. Show all posts

Tuesday, September 27, 2011

Tuesday Cap


S&P ran up to the R2 line and then sold straight off.  Theory of the first half of today was another Greece bailout plan/planning, this makes what the 10th maybe?  But today's ending doesn't look like confidence on the bulls part.  And like everything else in the last couple days Greek Bonds aren't following the equities higher, so I wouldn't be real secure if I was on the long side of stocks.

Monday, August 15, 2011

Monday Recap

Thursday's post seems to have been close enough, http://marketvent.blogspot.com/2011/08/afternoon-trade.html, but with the NY Fed Manufacturing numbers from Monday morning the S&P is looking expensive here at 1200.  Might be time to lighten up again.