a slight pullback on the futures after yesterdays big move which is as expected. today could be a key day as it relates to market commitment by the bulls. will they feel there is more risk being out of the market than in it going into the weekend? a big rally into the close could be in the cards if it is the former, or a big rollover if it is the latter.
flat and looking for opportunities either way.
Friday, October 17, 2008
digestion
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About Me
- upsidetrader
- I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.
2 comments:
hey if Buffett's long and Jimmy Ray is short, how can I not go 200% long!
lol simple logic
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