Monday, May 17, 2010
V day
Looks like a V-shaped recovery today, it is looking like there is not enough sell pressure. It is not that common of a pattern, but if the market was going to go down hard today, it wouldn't be bouncing so hard from the lows. If I had to choose sides for the next few days, I would choose long, but I will wait for an easy trade.
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1 comment:
I expect a gap up, but I'm hoping for a gap down. I have low beta stocks that I need to swing trade out of, RIMM & JPM.
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