It seems like almost every Friday we go up, take away the one Egypt incident and its been almost all up days. It used to be Bullish Mondays, but the front runners are buying a day early now. Could it also be that ahead of the bullish first day of the month, traders will be buying ahead on the last day of the month? If so, then everyone will be loaded long for the first day of the month.
Maybe the pullback is already over, which would frustrate the bears, and we'll just go straight up from here. That's not normal. But this isn't a normal market, so tough to treat it like one.
Friday, February 25, 2011
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