So, it would be interesting to see a push to new highs, as bears have been sucked in to the sell off this morning, to short cover to a new high, or some kind of recovery.
Then for the Sell off in earnest to begin again tomorrow or the next day. then a buy signal on the nfp
Let me just say that I find that less probable than not, but It is an idea.
Monday, December 1, 2008
some thoughts
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1 comment:
Nice sell-off, eh?
I agree, we should come back some, but we are still nowhere near the 38% retracement of the last five day run-up.
I'm holding DXD til $82, which should be tomorrow or Wed.
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