Tuesday, July 12, 2011

Another Helping of Stimulus?

What a volatile day in the market! $$

The market hovered around break even until a story leaked about the Fed considering another round of stimulus. That provided a major rush, which then sold off and we find the market down a little heading into the final 30.

If I was paying attention when the $SPY was near the highs of the day, I might have closed yesterday's trade. Still long and basically near break even.

Was stuck in a meeting!

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