Thursday, September 8, 2011

In The Clouds............

The market is currently in an Ichimoku Cloud. This is a technical formation used by
computer traders. Our readers can go to YouTube to see it in action. What is important is that the difficulty level of trading in this "No Man's Land" is high. The markets can move up or down with no real patterns and headline to headline.

The Cloud ranges from about Dow 10,800 to Dow 11,600

Check emails for our plans and strategy in this formation.