I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Friday, January 13, 2012

Jan 13

I have been very busy, and with how sideways / ridiculous the market has been the last 2 weeks it has been a perfect time to be laconic.

My 60-min system has been trying to roll over and the market has faked it out a couple of times recently (2 swings and 2 misses since the new year). Today looks like a pretty large island reversal. So following the system and going short again.
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