Tuesday, February 7, 2012

CONSOLIDATION

Hi Folks,

I think we are in a period of consolidation. In order words, the market needs to digest it's gains. We are up over 20% since the lows on October 4th. I think we are going to see the market in a range of 20 SP500 points either way. If you use SPY, which is the ETF that mimics the SP500, that is a 2 point range either way.

I will continue to Tweet my trades on Twitter. Please feel free to comment on any post and/or ask about any particualr stock, ETF or currency pair you like and I will be glad to share my opinion.

Thanks and Good Trading,

Tim

SD2PQRRR6ATC

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