Relentless buying all day. If we don't drop significantly tommorrow, it will be a sign that we're going to edge higher into the weekend. I'm staying short, we're right near resistance of 1103 which was the Bernanke and Obama highs from last week.
This market can drive higher than previous highs, around 1150. Thank goodness I'm still 65% long. It'll all depend on the institutions. Individual investors/traders cannot drive this market. I'm crossing my fingers hoping we drop - this week.
Damn dude you tried to apply last weeks trading to a new week.
ReplyDeleteDude, if you held that long from 1168 you'd have enough to cover Obama's budget deficit.
I think I can see eventually a high of 1130. But I can be wrong. Then again I can be right.
ReplyDeleteYou are brave!
ReplyDeleteThis market can drive higher than previous highs, around 1150. Thank goodness I'm still 65% long. It'll all depend on the institutions. Individual investors/traders cannot drive this market. I'm crossing my fingers hoping we drop - this week.
ReplyDelete