No surprise....

a four point spread again for tomorrow and no break out yet before FOMC. Tomorrow's numbers are 645, 643 ans 641. If it breaks below 640 the uptrend is in trouble or at least tested. If it breaks up above 645 we will be on our way to 655. Contrary to a lot of beliefs playing the index is much safer than playing individual stock. You can never be too wrong and if you are wrong you can easily correct it for the index just oscillates and comes back to you. Today we knew it would be range bound from 642-646 and so it did, give and take a few. Case in point just look at the chart posted today, you will find 786 all the time and channelling it is a beauty. The money is a sure win. You cannot be wrong if you follow what the market tells you. If you play individual stocks than you have to worry about sector, rumours, earnings etc etc and on and on and never ends
2c