Well I guess I got stopped out of this move I am sitting on last friday. As I was expecting while long the QQQ an upward tick in the market solely based on the Fiscal cliff talks would get a compromise and that we were so close the the 78 retracement I believe new highs were in the making.
Since the week has started we have had two trend days up back to back which is extremely rare and more than likely can be contributed to the Fiscal Cliff talks. Lets see what shakes but as of now we are news driven mode again. I would not be long bonds or gold here but who really knows what the politicians will finally agree to.
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