Friday, July 15, 2011

Friday Morning Usual

Reshma ShettyStock market playing it's game today, up early and then the fade. We will see if this continues into the clothes. I think we are all getting a little exhausted with the news flow of debt ceiling, credit rating, Euro zone issues, etc.

If we fade into the clothes I will be tempted to take a long position. Tech earnings coming, and Google was strong. Plus, I think we see a deal on the debt ceiling soon.

Maybe I'm underestimating the resolve of each side, though...


Picture is of Reshma Shetty from Royal Pains!

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