Wednesday, August 19, 2009

Standing Down Aug 17-21

I'm standing down this week as the market is a bit choppy and directionless. Last friday, investors and traders jumped to the safety of the US dollar as US data came out disappointing. This week, it has been a roller-coaster ride as risk-aversion re-entered the market. I will wait for a clear pattern before trading again.

Enjoy the week!