An odd trading day where we pretty much flatlined after a furious first hour rally. There isn't much conviction or strength going up or down. The bots went bananas in the final half hour there unloading their inventory.
Its still a battle of the bots and they are trying to outwit each other but the ranks of their prey are thinning out. I expect this rally to continue into tomorrow and up to 1105. Beyond that, longs are pushing their luck.
Thursday, July 22, 2010
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