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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (2725)10/3/2013 11:19:08 AM
From: The Ox  Read Replies (2) of 8288
 
We are approaching the lows from the other day. It was a very important area for the short term, the 167 area on the SPY chart.

Volatility has soared, on a percentage basis.

It seems as if both parties in Washington have fallen into the trap setup by those who want to shut down the government. Each side has plenty of people who love these situations, as they can scream at their opponents instead of talking and compromising.

The charts all have suggested that a pause wouldn't be a bad thing for the long run but I sort of hate these "manufactured" road blocks.

Looks like we'll head south for a while.....
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