Friday, March 26, 2010
Fast Mover
This market does not give you time to get in or out. Once it decides on its course, it doesn't give you much of a chance to buy or sell. Yesterday was a beautiful opportunity to sell the 1175 but the amount of time spent at that level was not long. Today, 1162.50 was another good buy point the market spent a few microseconds at that level before rocketing higher. The pattern is obvious. We are going to grind higher and finish strong.
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5 comments:
Obviously grind higher? Obvious moves don't always pan out in my experience
When you have Bernanke on the bid, obvious moves happen. LOL.
Bulls don't seem interested in running.
Let me guess... you probably think this is another buying opportunity with end of quarter and mutual fund monday coming up.
Let me guess, you are short and hoping for a weak close to cover before mutual fund Monday. :)
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