Wednesday, July 21, 2010

Market Update

Whew! Good thing we cleaned house at the open this morning. You have to be quick in this market. It looks like we will stay on the sidelines for now. The market has no direction and you have to get lucky on your trades (like we did yesterday and today). Not our ideal environment. The market is churning and profits are very hard to eek out right now. We will stay in cash until further notice. Check emails for strategy and updates. Patience will be key in here.