Friday, March 26, 2010
Big Gappa
Once again, we are stealing the RTH move in the overnight market with a healthy gap up. Things can change with the GDP numbers, but I don't think that will be a big mover. I was expecting a rally intraday, not premarket. This market has a habit of moving one step ahead of the anticipators like me. I will wait for a dip in the first hour of trade and may buy a little and see if we can run up into the close. I don't see a gap and go move, there was too much damage done yesterday for that to happen.
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