Market becalmed or readying a sneak move?

Posted on Jan 11, 2014 by in Letters

 

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=9&dy=0&id=p83750808625&a=214966864

Sometimes the market -- like a cat playing with its food (mouse) -- lulls everyone to sleep and then rises up and devours napping investors.  Our readers, who have stops should never be devoured.  They might lose a little flesh but that's part of the game.

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