Technology was way oversold. This is some bargain hunting,
—Paul Diamond
Right now we’re still in a trading bind,
There’s a little more drift to the downside over the next couple of days. We’ll probably trade in a range downward unless there is something to indicate no [Federal Reserve] rate hike.
As a veteran surf camp instructor, I’ve had my share of hospital runs, sharks, mishaps, and close calls. I thought my stories were intense, until other surfers began sending me theirs.
Right now we’re still in a trading bind. If the [consumer price index] number is in line we’ll get a rally, but for the next couple of months we’ll be in a trading range.
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