Welcome back my friends
To the show that never ends
--Emerson, Lake & Palmer
Unusual pattern in the daily indexes. Despite some intraday range, price at the close similar to price at the open. Has been going for for more than a week.
Could be interpreted as market participants unsure what to do ahead of next wk's election, QE2 events.
Meanwhile, the chart pattern evokes the unsettled feelings that I get when the Racer reaches the apex of that first hill...
position in SH
Friday, October 29, 2010
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Fools rush in where angels fear to tread.
~Alexander Pope
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