I really don't have much to say about the current market. The Trading Range seems to be firmly established at 800 to 900 ish on the S&P 500 Index futures and 8,000 and 9,000 ish on the dow jones.
I am not really suited that well to these types of markets thought I try my best and I am always getting better. In the mean time I get chopped around make a little money and lose a little less trading options.
Trending markets tend to allow my profits to run a bit further. My inclination is that we start towards S and P 1000 and Dow 10,000 into the last days of 2008. We shall see what happens.
If these indexes fail resistance I will look for shorting opps. If they keep moving up I am going to stay "cautiously bullish".
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