'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Tuesday, September 20, 2011

YM futures surge (around 11300) at 10:00 am. and stay idle at 11450 only to drop where it surge into the close.

Lack of follow through.

Most participants got scared with the on-going Fed meeting and run for cover.

Bears are in the lead again.

Let see by tomorrow what's the outcome.