Wednesday, June 24, 2009
Thoughts from the Vortex
I don't know whats going on but just observing the ramp job in the dollar now. Maybe just positioning before the FED or something more ominous. Take a look at TMV and the large head and shoulders that has formed . If the fear trade is coming back on the ultra uber mover trades to 60. We are setting up a bearish pattern in the indexs now. I referenced the oil and gas sector as one to watch as we may get a 2 to 3 day pullback of the rubber band and a break to the downside.
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