Monday, November 21, 2011

Overnight -Pre market

We almost hit the 1190 level I spoke about in the post last night- we hit 1191.50 on the S&P futures and some might call this a hit. For me it must be tested in the regular trading hours but the market often does do what we want it to do. As I have been saying most the the market moves are being down outside of regular market hours because everything is computer traded right now and that leaves the regular guy out of the action. We will see what today brings, remember it is a holiday week and more than likely volume will start getting lower as we trade into tomorrow.

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