Tuesday, June 26, 2007

Once again the indecision has turned into hard selling

At 2:30 the sellers are picking up the pace (again!). Now the major indices are red (again!). The gains of the morning have all been taken away. This is why we are not in there trying to fight this action right now. The big money is causing this price action right now, hedge funds, large money speculators, day traders, and other large money controllers are what is moving the markets right now.


We are just small potatoes and if we try to trade in their with this mayhem we will be mashed potatoes!


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