It feels as if the market is getting a bit squishy on us. For quite a while, the market showed us softness in the mornings only to close strong. But now, we're starting to see a bit of the opposite. In the mornings, we're getting a pop and then the selling begins. We seem to be forming some resistance. I remain long, but for the short term, I'm wondering how much higher we can go.
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I see the Post Office is offering $15K buyouts to encourage folks to retire. ... Beer prices going up? Bastards. Right ahead of football season, too. Forget cash for clunkers, we need cash for cerveza...
Tuesday, August 25, 2009
Market Feels Squishy
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