Monkey Throw Dart: Building a House of Cards

Thursday, September 9, 2010

Building a House of Cards

"I'm just a monkey who wants to be a bear, dressed like a bull at the moment."

~Sigmund B. Cheetum

ixic


The last few days look a little shaky with a straight up climb...with gaps. The retracement from the early highs today was probably a good thing since volume was light and the low of the day closed up the gap between yesterday and today. I think the market will have to step back a little in order to break the lines of resistance up ahead.

I'll gladly play the contrarian just to put some more length on this weak leg up.