Wednesday, August 26, 2009

Day 13, $20,274

Markets were flat even though there was some good economic data that had come out. New home sales and Durable Goods came in better than expected. A few weeks ago this news would have shot the bulls into action. Is the bullish move over? Perhaps the market isn't sure which direction and until there is some fundamental catalyst, I think flat is likely. I will continue to trade flat to slightly bullish until the trend says otherwise.

No adjustments or comments to current positions.

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