Tuesday, September 14, 2010

Get Ready

This is short, very short. All I have to say is the market this far into September is up the most for the start of September since 1939. I am seeing a lot, and I mean a lot, of mixed data. Nothing great and nothing terrible (at least not terrible by recent standards), so I am not expecting doom-and-gloom but I also see little to justify this month's gain on very low volume. We will see, but I do not have a good feeling about the rest of the month as little really explained the recent gains. Without good support, what goes up must come down.

Disclosures: None.