I figure maybe I got costanza'd today this wedge is what I'm looking at... and yet I feel like we are in a dead zone, or a null period in data... Sort of a "What ever will CNBC talk about now?"
My thesis is that "we would expect a sell off" and if this is the constanza trade right now....
but after the run up, Digesting the gains or consolidation is normal, but we are a hundred points off yesterdays high.
Friday, April 3, 2009
dead Zone
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2 comments:
Looks like a short distribution pattern. Probably a buyer's strike.
just waiting for it to pull back.
the breakout just happened
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