Mixed signals...bears seem to be stepping aside here

I'm noticing yet again, for god knows how many times these past 4 weeks, mixed signals tonight. It's very frustrating but that's the way it goes. It's also very, very tempting to try and make money by day trading during these times but intra day trading is not my style. I've probably broken even in my attempts to do so and when I make trades out of frustration/boredom I've lost money.

I was hopeful that last week we could see a downside break of this range to set up for a bear trap but no dice. Now we are back to the top of the range. I've noticed bears are stepping aside here given that the end of the year is approaching. I said before bears had untill the middle of the month to do damage otherwise we could see an end of the year melt up. Well, here we are. Are we going to get the melt up? It's chicken shit of me to say mabey but that's what I'll say because of the mixed signals. I see equal risks to both sides of the market.

One thing I've noticed is that a lot bears I follow are stepping aside here fearful of the end of the year ramp that I've noted. I don't like being in the same boat with these clowns and I think this means that the end of the year ramp is less likely to happen unless we see some weakness first. There's probably a lot of weak longs out there right now. That doesn't mean we can't ramp higher (especially during this unique seasonal period) but what it does mean is that the market is more vunlerable to dropping than normal.

I will continue to do nothing when it comes to trading. I'm currently sitting here with a few long term positions and plenty of cash. I've been compiling a list of stocks that are exhibiting nice charts with minimal correlation to general markets. They are tough to come by but they are out there. I will post a list of these stocks when I'm done my search and DD if anyone is interested.