Thursday, February 11, 2010
From 1:30 to 4:00
The market went nowhere. Yes, we had a 1% up day, but this market doesn't have that overpowering buying force that was present in the 2nd half of 2009. If this was November 2009, we would have probably gained another 5 points from 1:30 to 4:00 on a trend up day. I will be an eager seller of a gap up tomorrow. I don't even have much confidence that we'll get one, but if we do, I'll be selling.
Subscribe to:
Post Comments (Atom)
Posts
2 comments:
u shorts are going to get squeezed. Like I stated earlier, we are making higher lows and now, higher highs.
We are going to 1100...for starters.
Friday may be a wash,but the rally should continue Tuesday. The markets are closed Monday.
It's good you stayed with your shorts Owl. My accidental sell yesterday turned out to be a blessing. I'll be selling more today Friday. -Petsamo
Post a Comment