Monday, April 16, 2012

Mission Almost Accomplished

The favorites that the fund managers didn't want to sell was tech.  Now that they are in liquidation mode, they are dumping AAPL and assorted Nasdaq names.  It is getting late in the selloff, any day now we will have a face ripper of a snapback rally.  Probably sometime this week.  You have to add long exposure soon before we rip higher. 

3 comments:

alexnewbee said...

same rally like in natgas? ;)

Market Owl said...

Shorts better have their facemasks ready. Faces are going to be ripped off!

alexnewbee said...

but not today ;)