With the holiday weekend here the market is prone to be a bit erratic ,,unexpected reversals can b common the day before a 3 day weekend ...... The daily TAO is neutral to bearish ......expect a trade range in the SPY 89.50 to 88.50 .....there shouldn't be any major moves ....if anything an open to the up side and a side ways action to European close at noon then a a lot of erratic movers while the big boys hedge up their book for the week.....
Friday, May 22, 2009
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