"If you bet on a horse, that's gambling. If you bet you can make three spades, that's entertainment. If you bet cotton will go up three points, that's business. See the difference?" - Blackie Sherrod
I apologize for the market. No one is able to trade successfully when the market moves from Dow highs of 10,641 to Dow lows of 10,486.
We continue to believe the market is overbought. It may reach Fibannoci retracement at 10,746 or it may struggle now and begin downturn. This is an untradeable market. Let's hope today shows us bias.
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