a pause and then....

One can breath a sigh of relieve, at least, we are seeing a rather calm market, there is no nerve rocking 300+ point swing today... in such a volatile market, one has to lower his/her expectation.

what about tomorrow?

Hope you did not put all your egg in one basket and be an all out long...

Even in the early going of today, funny things happened to my watch list, my long list has more red and my short list has more green. This is not a good sign that market is going higher.

further more, here is what we got from market close:

NYSE NASDAQ
Advances 1,610 (48%) 1,425 (45%)
Declines 1,673 (50%) 1,680 (53%)
Unchanged 88 (3%) 90 (3%)
Up Vol* 1,886 (51%) 1,110 (50%)
Down Vol* 1,799 (49%) 1,103 (49%)
Unch. Vol* 11 (0%) 17 (1%)
New Hi's 21 47
New Lo's 229 115

hardly, a bulish day..