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Strategies & Market Trends : Waiting for the big Kahuna

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To: HammerHead who wrote (88479)7/2/2009 2:20:38 PM
From: fred woodall  Read Replies (1) of 94695
 
$rifin (Russell 1k Fin.) has been a good indicator for speculating the other indexes today short term. It heads lower before the SP500,INDU, NDX, etc. Holding FAZ ETF hoping for a major leg down. Notice I used the word, “HOPING”.
Only place I see money going today is the chip eqip. makers.

SP500 trading range less than 3 points the last two hours. Never seen anything like this before.
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