Market Update

The strong rally in the last 30 minutes of the market yesterday is already burned itself out. So far this morning profit takers have been slowly cashing in on the advance from yesterday.

Will there be another rally today? Right now it looks more like a day of complete uncertainty in the markets. No one knows if they should go long, go short, or just sit it out. But any news that should come along that is good or bad on the economy today will spin the markets in high gear. Right now it is coasting along directionless.