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Something’s Brewing

By Red, on January 6th, 2010

witchs-brewing-jobs-numbers

Something’s brewing in the market, as the Technology section got hammered today.  Commodities was the main thing holding up the market, along with the Financials.  I don’t see much change tomorrow, as the big news is the jobs numbers… which will be released on Friday.

So, I’ll keep this post short.  Tomorrow should be another repeat of today.  A flat to slightly down day is what I’m expecting.  Yes, it’s getting boring saying the same thing everyday, but nothing much is going to happen until “they” (the PPT) let it happen.  It seems like the “big boys” have been secretly told not to participate in the market, as the volume is still extremely low.

Until the volume picks up to at least 150-200 millions, no serious sell off is going to happen.  That will take the institutions partisipation… which seems too be “non-exsistant” right now?  Where are there, and when will they come back into the market?  I don’t know?  But when they do… look out!

Red

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