Well, today was a bore and a drag. It started off fantastic, with a very nice overnight profit on my /ES short and a big, fat profit at the opening bell. The profit eroded into a loss, turned into a big loss, and then almost turned into a gain again, and ended as a medium-sized loss. Boring. Drag. Yuck.
So I'm not going to do any more commentary today, as I've nothing new to say. Instead, I am showing a favorite cartoon from my childhood – – Royal's blog inspired me to do this – which sums up nicely how I'm feeling about the market. When examined in private, it sings, dances, and behaves as expected. In the public eye, it just sits there and croaks. The perfect analogy.