This Stock Market Hours Report is brought to you by Jason Ng, Founder, Master ‘O’ Equity

The Fed’s unprecedented collaboration with international central banks caused a scale 6 earthquake knee jerk in the market today. Did you remember the last time you had a knee jerk when you were young? Yeah, the taste of dust still in your mouth, huh? Today’s a classic knee jerk in a market looking to go down further. With the senseless overreaction today, I am more convinced then ever that Santa Claus isn’t coming to Wallstreet this year.

The Dow shook all our evening stars off yesterday as it knee jerked like a scale 6 earthquake. Again, its time to sit on the sidelines for a while until things clears up and the Star Trading System seems to agree with me.

Thought For The Day : “Discipline and Patience are the hallmarks of a successful trader.”

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