This blog will describe Jimmybees latest Market thoughts. It also will include thoughts on Jimmybees ongoing trading.
Monday, April 19, 2004
The jury is still out on where we go from here I guess. Not much movement with light volume today. Dow off around 9 points. Summation Index still pointing down. Greenspan blabs a couple times this week. Maybe something will key off of that. I think we could go up a little here. Some intermediate term things are about to say that. Overall though, we need something to propel this market higher through the resistance. I don't see anything like that at this time. I'll try to stay on the sidelines for at least this week. Unless we get oversold pretty good. Patience is a good trait to have when you need it. Now just could be one of those times...
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