As has been the case the last couple of weeks, the market yesterday was searching for some direction. Once again, I had to widen my stops to stay in a trader as the volatily was substancial.
Looking at the chart, it appears to be any easy one to trade, but the was not the case for me yesterday. The morning session took maximum concentration to be profitable.

I would expect the markets to remain volatile until the bailout bill is hashed out and presented for a vote. Of course there is not shortage of opinions on how the crisis might be handled, but nothing definitive has emerged from the talks yet….although I don’t think anyone n Congress misunderstands the dire situation we are in.