Good Morning Readers,
I have to work all day and fly this afternoon but I'm going to be watching the markets and my favorite swing trading vehicles. European debt is once again rearing its ugly head and we've got a whole slew of "top financial officials" testifying on Capitol Hill about the Dodd-Frank financial reform bill. (if they really wanted an honest opinion they should probably request Monk but I have a feeling he'd turn down the offer.) So the F's should be fun today.
Speaking of Congress, the whole lot of them need to be fired. I mean seriously, do they really serve us or just use the power to line their own pockets? Do any of them have the slightest knowledge about that which they have hearings on? Quite honestly, the average Monkinar attendee would probably understand more about financial matters than Barney Frank and Chris Dodd combined. Here's a tip to Congress: STOP SPENDING MONEY YOU DON'T HAVE and maybe think abot balancing the budget.
OK, done with politics. Watching QID for an entry and will be carefully watching YRCW for a bounce following what appear to be shaping up to be an early morning dump thanks to a sleazy R/S announcement AH.
Fly safe.
