I really do not care ... as long as there is volaility one way or the other and I manage my risk across the spectrum of instruments I trade then I will do ok ...
maybe this weekends oil spill will slow down some of the panic selling seen late last week http://cdn.necn.com/files/2010/01/23/vlcsnap-2010-01-23-15h00m02s246.jpg
or maybe this headline will slow down mr FAT finger sunday night -White House Is Confident Bernanke Will Be Confirmed - ( from ny times and other sources via the net )
We haven't gone past the last relative low yet to say this is a downtrend. lol, do you like my "Paint" skills?
d00d u gotz teh mad paint skillz! lol All I know is Monday is going to be a scary day. I'm flat. Watch for major volatility, possibly a big weekend gap, with an ever-so-slight-chance of a minor movement day and big nosedive on Tuesday. Gentlemen, we have seen the highs, and they are behind us.
I sure hope so. Volatility is good. Range trading be bad! Loooooook ooooout beeeeeeeee-lowwwwwww (I hope)