9/28/2011

Market has no surprize

Market is doing exactly what you would expect it to do in a range. Volatile moves is characteristic of range bound action.


Earnings season will determine next move for the market. If earnings stat deteriorating or guidance starts going down then the range will break to downside. If earnings surprise then we will have rally.

Any move out of this range will be big move. However many will deplete the account playing the range and suffering death by thousand cuts.

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