This blog will describe Jimmybees latest Market thoughts. It also will include thoughts on Jimmybees ongoing trading.
Wednesday, February 22, 2006
The Dow rose 68 points today on supposedly good inflation news. Advance/declines were over 2 to 1 positive and the volume was light again. You can't deny that the trend is up though. No trades here for now. Gold was little changed as was the XAU. I have no good signals as of yet and nothing on the horizon that I'm really keen on. It is a good time to sit back and see what the markets say. I'll try to listen. Mentally I'm tired as I slept elsewhere last night and not all that good. I'm still trying to focus and I'm doing a better job of after market study. I will continue to try and get better. Doesn't look like any trades in the near term.
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