Tuesday, August 10, 2010

Winner Winner, Chicken Dinner

I was going to wait until we rolled over in the market before posting again. FOMC today provided a pump, but it was very much weaker than I had expected. I am hoping we rise tomorrow, Thursday, and Friday to my 1140 target. Over night futures and EUR/JPY tell me that we may roll over early, and I wont be fully loaded. QQ



The real reason for my post generates from www.Seattlebubble.com :



We just had the lowest July closing sales in 10 years. I am sure someone will try to paint this as a good thing, but it is really not. I will be looking for a home in December or January, but I am a little scared to grab a falling knife. If State layoffs start rolling around, I just might not be willing to grab.

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