Caution

Caution the market is trading so tight its VERY VERY hard to catch stuff day to day. Intraday is even tough at the moment. The good thing is, the market is always morphing, so we had 2 years of EXTREME volatility and now we have a few weeks of very low volatility. I've said it 50 times, but key here is to be patient and pick your spots. It'll be interesting to see if we finally do get a nice pullback now that the 2nd quarter Window Dressing is over. Part of the issue with the market, in my view, is that we have so many conflicting signals. This typically would be a good time for a pullin, and we very well could get it, but then again we have earnings period here now which will garner a lot of interest as no one wants to miss another leg up if it might happen.