I traded the YM contract today, for no particular reason other than I felt like trading something different. Only two trades and the market flattened out. The second trade was a good fade trade though I, as usual, bailed out at 40 points, and left some money on the chart.
It looks like an interesting day, as the “Cash for Clunkers” program should give the motor vehicle sales a nice boost, though one must wonder how much weight the market will give the numbers given the circumstance from which they arise. The usual home sales data follows and might produce some interesting results.