28 December 2010

SP 500 and NDX March Futures Daily Charts

A monetary puffball.

Try not to get ahead of it, or in front of it. Despite the thin volumes is has some determined backing, and can go further than we might imagine.

Still, when the music stops and things start falling down, the wiseguys will be out in the parking lot smoking cigars in their limos, and the exits will be blocked.