Tuesday, June 21, 2011
Almost Too Predictable
After a methodical run up this morning, the S&P 500 has stalled at the way too predictable 1295 level as I type. Would seem far too simple and easy to simply stall out here and reverse down, right? Maybe we break north to the 1300-1307 area over the next 24 hours ahead of The Bernank just for old times sake. Then we can start talking of the upteempth "V shaped" bounce.
