I’m Whooped.

I’ve spent the last days of last week and all of this week putting in 12 hour days, staring at a freaking computer monitor. The tech guys tell me, “We’re getting ready for a ‘rollover’ and an ‘upgrade.'” Whatever that means. I really could care less, as that is what they do. But they tell me I can’t do what I do for most of next week due to the ‘rollover’ and the ‘upgrade.’ So I’m stuck trying to knock a bunch of shit out before they take things offline for a bit.

Anyway, so that’s my excuse. Coupled with long days and the debt ceiling mess, I’ve been whooped when I get home. I really have not cared to get back on the computer, other than to check my positions and place orders. Sleep has been a priority, and blogging has been playing second fiddle. But that won’t last forever.

We are due for a camping trip this weekend. Should be a good time to blow off some steam, in the 100 degree heat. Luckily, we will be in the ’72 Coleman Pop-up. Its too old for an A/C, but we’ll have a bunch of fans blowing.

As for the markets, I’m feeling a bounce here, although a test of the MA200 would not surprise me in the least. Market breadth is certainly signaling as bounce is imminent. See the chart below. Note how low the red line is and how high the green line is. Search my Market Breadth category for more information on these indicators.

Of course the wild card is our Congress. Who knows what they will do. I’m going to ignore everything except the technicals and add long positions tomorrow.