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Thursday, July 30, 2009
Unequivocally Wrong
So much for any idea of where the market is going. Today could be the oft hoped for 'false break out and failure to big drops'. More later, perhaps with a new format.
3 comments:
Aditya
said...
Well, we did have a gap up new high and late day reversal today. Complicating things is month end on Friday.
At some point Bernanke's asset inflation due to liquidity injections will go the wrong way. It always does (Y2K, Housing, Commodities).
3 comments:
Well, we did have a gap up new high and late day reversal today. Complicating things is month end on Friday.
At some point Bernanke's asset inflation due to liquidity injections will go the wrong way. It always does (Y2K, Housing, Commodities).
What are your thoughts on the 1013-1014 area today as a good short opp?
We hit 1014. It's white knuckle time.
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