We have been moving in 2 day rallies, declines..... So.... Say we live in pretend land and the Entire Market is in a "Dip mode" and My bullshit technicals are right, and Quantifyable edges is right.
That Retail, and Tech and the SPY rally to a new high.... Assume by the XLF... I'd think there would be some range bound in the xlf. ....
But If it trades in 2 up day spurts... what will that look like?
We would need a big rally tomorrow. Then a pull back?
So. Rally tomorow,
pull back friday-monday.
Rally tuesday-wed?
pull back thursday..
Rally friday-monday? end of the month?
September fanny freddy have to roll over debt... we could get another crisis low then...
Wednesday, August 20, 2008
2 day rallies
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