Tuesday, March 9, 2010

Catalyst

What is gonna be the catalyst to push us lower? There has been heavy call buying today and the vix is extremely low. Gold and Oil couldn't make new highs and looked very weak. The weird thing is that the transports, nasdaq, and russel are breaking out to new highs. Typically this is a bullish sign because the dow is typically a laggard. We will see.

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