By Sell Puts
As we all know Monday we had a nice.. caught 3% run up on some BS housing information, i think meant to be fluff. Remember those pulling the strings which make this market operate are tricksters. Today was a choppy trade, really was a waste unless you shorted the close as the real numbers came out. This sent the market closing on near day lows.
Take a look at the chart over there, we have a long way to go ladies.
Tomorrow i am looking for a gap down at the open, how far? Depends on the futures & how far they are down pre market. Remember psychology plays a large role in how the market makers will open the stocks.
Oh, and this wont help sentiment, HP's profit sinks 17%.
Drumbeat: June 2, 2012
5 hours ago
