Light Volume, Market Swings, and Wile E. Coyote.

11

June, 2009

The market again has trouble not holding near S&P = 944ish. But not for a lack of trying! We witness each day the interpretation of data to be bullish (whether we agree or not), and we witness each day the post – 3:00pm program buying. The volume is light. It takes little to swing the market.  But no matter; she is tired. The market is tired. The market is Wile E. Coyote.

I personally feel it is like Wile E. Coyote: The market is unable to just stop before the cliff. She tries to slam on the brakes,but it matters not.

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