Monday, May 3, 2010
Where are the Sellers?
The sellers disappeared over the weekend and now its back to the same pattern, dip one day and then rally for several days. We should not be trading above 1200 if we are to go back down below 1180 this week. So I am back to watching and waiting. The patterns are different from those in the past.
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2 comments:
Too many stocks have gotten beat up, some for no reason. X, FCX, AMD, WLT, BP, RIG, GS, JPM, etc. A lot of people are happy to be buying them. I traded my JPM for FCX this morning.
megaphone usually short term top
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