Saturday, September 11, 2010

Slight gains this week

The Dow Jones Industrial Average posted small gains this week.  It doesn't look like anyone is making major bets either way.  They seem to be taking a wait and see attitude at the moment.  I am taking a wait-and-see attitude also.  Since the big players move the markets, I want to follow their lead.  I'm not convinced the market is going to move up yet.  I still expect a down move first over the next 4-8 weeks.