CHESSNOID

The market defied logic and made me wrong. In the last 90 minutes of the day, all the indexes reversed and shot up an average of 5%.  So the pattern is up Monday, down Tuesday, down Wednesday, and up Thursday. Today, the averages were down 4% and then kept crossing the break even line.  Personally, I thought it was going to collapse in the last hour.  I was way off.

Friday is looking up for now. The stock futures indicate another opening  rally tomorrow. It is options expiration as well and I would imagine since we rallied today there will be another big or even bigger rally tomorrow.  Then again I could be wrong and we could have another crazy 700 point down day.  This is why I am sitting out the current stock market.  My stomach would be twisting and turning as the numbers go up and down like a roller coaster.

The futures look like this:

	Dow	+33.00	+0.37%	8,999.00
	NASDAQ	+3.50	+0.26%	1,326.50
	S&P	+7.10	+0.75%	948.10