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So far it's relatively quiet out there on the indexes as bulls and bears battle over S&P 875 (line in the sand) and 880 (200 day simple moving average, falling by the day). With volume so light it should be easy to 'mark this market' up into the close after that "close call" earlier in the day and keep us from breaking down. No volume followed the close call, hence I don't see any more damage being done. Never short a dull market as they say. I continue in the hands off treatment that has served well the past few weeks - there are times to be aggressive and times to just let the market do its thing; until the market makes a decisive move no reason to be aggressive.
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