Mostly: Classical

[Frank Pembleton]

What occurred to me this morning is the strength of the market. What I've been witnessing in the previous sell-off was incredible weakness on both Fridays and Mondays - what we're seeing now is just the opposite.

I could see the markets selling off slightly tomorrow, because without a doubt we're short term overbought (on the hourly charts), we're not overbought on the daily, so yeah... this puppy can run for a little longer.

Not a short, not a buy either, it's a hold...until the next buying opportunity.

jmho.