Rough Time Making Progress

As questions continue in Washington, the market stayed sidelined.

Of course, fears are growing that Congress may not greenlight the bailout as quickly as previously hoped. Since Bernanke & Paulson have forecast ultimate doom if that happens (and even Buffett said his buy into Goldman was based on that expectation), we're having a rough time making progress.

Overall, it was a lackluster session with weak volume and not much pin action. A good day for reviewing charts, doing some research, setting price targets, and being overall fairly patient. Something all of us should be quite used to by now.

Have a good evening and do something fun tonight. If you had to grind it out today in the market, you deserve it.