With a holiday monday, friday should be a squaring off day and I wont trust the action either way. Today we got a huge move on the administration plan on foreclosure but we have seen this script many times before and we will be where we were just before the leak of the plan occurred.
Believe it or not we are still in a tight coil and the bulls will take everything out of the bounce today to say we found a bottom again. I for one wont buy it but as usual play the upside if we get going.
Nothing much to say on the market while we are in this coil I surely hope we break out soon to get some super nice swings.
Remember ONLY winners here.
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