Market Didn’t Do Much Today
Market didn’t do much of anything today closing out the week on weak volume. I’m waiting for some down movement to potentially cover my shorts. Next week’s action is crucial if I want to hang around in the short position.
Have you noticed ONT moving? Well there are a couple of things happening that I think is the reason why.
1. The alliance between News Corp and NBC to launch another You Tube copy site.
2. The CTIA conference coming up next week where a big focus will be on mobile video. ONT’s technology will play into this new world splendidly. Yes I used that word.
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