Just a quick note to let you know that I will once again be posting charts in the coming weeks. I had a minor misunderstanding with one of the charting services I used and they took their time resolving the charting problem. It is was my fault in thinking that merely crediting them with the charts that I would not infringe on their copyright laws. In any event, the situation is near resolution, so I will once again be posting daily charts.
As for today’s action, the market reminds me of the weather here in Central Illinois. If you don’t like the weather today, just wait for tomorrow because it will be different. We reversed course today, and everything isn’t peachy and wonderful with the traders. Worries over oil revenues, the Big 3 Bailout (if there is such a thing) and the usual dismal economic news actually made someone think that maybe things aren’t so rosy….in any event, we were down near 200. The market wasn’t particularly difficult to trade as a wave of unexepected orderliness rules the day.
Hope everyone is preparing for a fine Christmas….as for myself, I have had a difficult time staying out of the sweets and can see my New Years resolution will be to shed the ten pounds I’ve gained in the last month. Yuck
