Market Problem

The real market challenge for average folks is that most of the movement is happening after hours. Last night the futures hit a low of 1295 and opened this morning around 1313. Now that move overnight would have give an average person who was short huge returns but since there is no way to play over night action if you are an average guy, the big guys just rack up. This is one of the reasons why the big boys can still make money and the small guy can't.
So where does that leave us today. Well I am hoping we do get a turn around tuesday but almost 30 mins into regular trading we are just bouncing around opening prices.

CNBC- IDIOTS

Everytime I try and watch CNBC I see some news that is not true- They have a huge running ticker 10 mins ago saying BAC is trading at all time lows, REALLY! Thats the lowest BAC every traded??? Does anyone call them to tell them they are posting wrong info? What a waste of time to watch!!!!!!!

Interesting

So where the big guys pushing the markets up for the small guys to think we are in bull mode or have the European problems bigger than we think. All I know this is one crazy and hard market to trade and this proves it once again to keep it small and know your stops. Alot of volume today on this downside so most of the reflection points should be hit on the S&P. S&P hit 1314.75 which was support and we bounced almost 6 points off there while Obama was talking.
Still watching to see what goes here as they could turn this into a buying opportunity for earnings season.

Interesting

Of the 18000 jobs created last month 90% of them were McDonalds. An they calling this a recovery, SIMPLY AMAZING

1330.50

Trying to hold here- but if we break next supports are 1327 then 23.75.
1330.50 has held three time today so far but we been trending here

BINGO 1330

just hit 1330.50 lets see if we can stabilize there

Ugly before Open

Very ugly before the open- down almost 21 point on the Futures in 30 minutes. There seem to be some support at 1330 but we will see soon enough