6.14.2006

BAD BLOGGER

Blogger is eating my posts this morning but let me summarize- Metals and Oils are leading, financials aren't and internals have flipped to red. Internals were lousy from the get go and now there tell is coming home to roost.

SPY could not stay over its pivot point of 123.3 so now faders have come in to knock the market back down.

I guess the high probability trade is to fade any strength but with the way way oversold conditions I will work on some research/projects.

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