Tuesday, July 26, 2011

Market View

Just to reiterate, due to the uncertainty in the economy, Washington, and in Europe, I remain agnostic on the stock market.  By that, I mean that I am neither positive nor negative on the prospects and direction of how it will trade over the near term.  I continue to believe that we are in a sideways pattern, where the market has no memory from day to day.  Because of this, I will simply continue to monitor the action, watch for opportunities and react when the time is right...after all, patience is a virtue.