Tuesday, August 15, 2006


Wow! But I think it will go down tomorrow. Here is my rationale. The three sisters all finished the last hour in the red. The VIX is more than 5% below its 10 day average. The up/down ratio is 70% and the 20 day new high vs new low is 921 to 173. There isn't much left to buy and I expect the programs will take over tomorrow and sell everything in site.

I held a half portion of GLW overnight in hopes of an early pop. Actually GLW has been going against the market and going up even when the market was going down. We'll see - if it folds I'll drop it.

My guess for towmorrow - down day.

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