Damn I'm sick of talking heads interrupting congressional hearings....
I just don't care what is going on with the usual wall street suspects....
so.... I'm still suspecting a failed rally here... which may develop into an ABC correction... with a Retest.
The Pennant move is more an indecisive move....???
Wednesday, September 24, 2008
sorry...
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McCain wants to postpone the debate Friday in order to turn his attention to the Global Economic Crisis (TM).
Sentiment and liquidity are very bullish. The next big move will be up and big. Hard to say when it will be, but traders may try to anticipate a settlement on The Plan, which will likely come over the weekend.
If I had to predict, the DJIA will up 500 points over the next two days. All my shorts are covered, and I'm net long moreso than Monday.
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