so what one would like to see is a pull back to here and a launch.
I get a little suspect it's the last day of the week, and a vacation week... and we need the big managers to be chasing these moves.
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2 comments:
Today's Thursday, markets closed tomorrow, same difference.
Shorts are covering or are covered. now we need new money and retail investors to come back in. Not sure where we get info on this.
Maybe a pb before the long weekend and then launch next week when everyone talks about this Sunday over roast beast.
Next week is Options Expiration week.
so we have potential pivots of monday and Friday, Having a reversal on the day before the monday, would fit into some game theory, and we could get a nice move from monday through May 1... May 1 see all the money come in end of the month...
What I want to see is a sense that A: the bears have given up. and B: that the big money managers are making that classic mistake... "chasing the trade, like the market is getting away from them." Where all the guys on TV saying "no Bottom" have to jump in... Like teresa says "Hell hath no furry like a client missing out on a Rally."...
We want to see the Big money managers make this mistake Like Madd.
That and Bear Capitulation.
but As I listen to CNBC, they were all "there is a sense of Good Mojo and happyness here in the studio"
Ugggg... so, checking the blogs would be a good idea.
and I'm going to post this to the blog and it will get spell(Speel) checked then... ;)
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