Friday, June 20, 2008

Market Hands

Indexes with the exception of the NQ100 had mild recovery from the previous day's selling. There is some nervousness about the meetings this weekend of the oil folks but markets right now really in the grips of a death's door attitude regarding prices for stocks. Bad news always bottoms before price and that is what the market is experiencing currently as the weakest hands are finally selling and shorting the market. Quadruple expiration is in play today so volatility shall be a factor.