Waiting on a catalyst…

As written on 9.09.10, this market lacks a clear direction with range bound action imminent until a force nudges us in one direction or another.  Currently we are making an attempt to extend the short term range, but still in the bounds of our longer term range. My current strategy is to continue selling extremes back to value… Above 2900 it is time to reevaluate, and consider some trending scenarios.

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