- Bad housing starts and building permits numbers
- Fedex and Nokia warns
If the above two things happened today after yesterday's big rally, most people would have expected a weak market. But we are slightly up and tech is leading. The market is going up on bad news. It also did that yesterday with under consensus economic numbers and Best Buy missing estimates. The prices are getting close to where I want to short. But I will wait.
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2 comments:
i will not wait anymore..short ES at 1111....like that number...stop 1126...first target 1042
I was expecting a sell off, but it was far from impressive.
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