Wednesday, July 6, 2011

Interesting

So went away for a few days and I am back. Funny how you need a vacation after a vacation though I wouldn't call a 4 day trip a vacation but just time to recharge the batteries.
Early analysis here and I might be early but I am steeping into some shorts here. I am very cautious as for the last 3 hours it has been like watching paint dry in the markets and i am wondering if most of the big hitters are out on holidays for the summer already.
Nothing out there gives me any proof that this is bullish phase but IT OBVIOUSLY seem like a top is being formed and because it looks that way I am willing to take positions here for a short term retracement though I might be early.