Friday, December 18, 2009

Mutual Fund Monday?

It is the obvious play.  It has worked over and over again.  To go long into the weekend and wake up to a nice fat gap up on Monday.  We got the usual weak shorts covering before the weekend.  I am looking for a weaker open on Monday.
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1 comment:

Petsamo said...

I'd say we have a head & shoulders pattern on the Hang Seng Index. Monday, I expect a further drop. Therefore, I believe we (the US) will gap down on Monday.

http://www.elitetrader.com/vb/attachment.php?s=&postid=2676645

12/18/2009 05:13:00 PM

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