Today I feel better, have some time off and just watched FAZ leave a flat market behind, running from an early low at 46.90 to a high of 50.91. Pulled back now to 50.05. When I got up, it was around 49, then made its run. What's interesting is that it's bouncing without any legit volume. That tells me this bounce won't last, but Greece is on fire and bankster stocks are declining again. It's just a yoyo market. The effect of Sarkozy and Merkel "agreeing" to a deal yesterday has no lasting effect. Not even 24 hours.
This megaphone level is a tough one to crack
Dead man hanging, 1+ hour left today
Hanging off a cliff, but rallying
The trend is down but can it hold at 49-50?
I regretted selling at 377 a couple of weeks ago
Now? Not so much