Justa's Dive Bar

[chainik]

More clueless than usually. Was somewhat short, now net long, but afraid of any major new commitments :) In general, I don't trade a lot during expiration week.

The fingers are itching to short, but there might be a lot of artificial moves at the end of quarter. Don't see any high probability trades.

The plan is to buy (mostly Asia) below 890. If the market moves higher into early July, will probably reluctantly short.

IMO it is still not a bad idea to buy for the long run, but insiders are selling, most of P/Cs are still a "sell", last COT looks fishy.

Nasdaq oscillator looks bearish, so you are probably cautious?
http://stockcharts.com/charts/indices/McSumNASD.html