ryeone's remarks
reading a book
As the move continues to go up here on the daily dia chart, I have some time on my hands. So I got a book. Off of an over sold RSI, and a contracting ATR i guess this move is going to be somewhat profitable if u got in on the 11th or so. The news remains mixed. I dont see the white hats able to do much here, they have commited the words and cash. We know what they have the ablity to do. Check out Cali realestate if you have nothing to do. I have a book, and until this works itself out. im out and reading , later looking to sell and let it run.
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Not long but not wrong
Well the Dia Daily is showing it wants some up action as the ATR or range action continues to contract. But their is some overhead resistance that may take time to get thru here if it wants higher. I have had no other signals to trade and I know that rallies in a bear can be very attractive for some to play. But I remain in the bear camp for now. The news is very neutral, not enough to push it thru the overhead, not enough to pull it back down. What to do? Nothing!
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