Wednesday could go up if the un-employment numbers are positive or down if the they are negative? Duh! Everybody knows that! Personally, I think the government will do what the’ve been doing lately… “spin the numbers to confuse the market”.

Meaning… some of the news released tomorrow will be negative, and some will be . . . → Read More: Wildcard day Wednesday…

Talk about a boring day! It seems that everyone took the day off. Once again, light volume and no economic news allowed the market to push higher. Today was the lightest trading day of the year for the SPY, with only 118 million shares traded. End of month window dressing for the money . . . → Read More: Volume only 118 million shares…

I got out of my shorts Friday at about 1043 and went long with some in the money October calls. I’m now looking at 2 (or 3) possible scenarios…

One is that this current move was wave 4 down from the 1080 high (with Wave 1 up starting at 978 low), and that we . . . → Read More: Weekend update…

I should have a weekend post by Sunday. In the mean time, I’m looking for an up day Monday. I got out of my short position around 1043 Friday, and went long. More on the weekend update.