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The market is not getting the volume it needs, but a close on the high is bullish. Honestly, I went long about 20 minutes ago, but I don't know if I'll hold overnight.
This is really very bullish. Are there any eco numbers coming out tomorrow that could screw this rally? Anybody know?
Drac, volume looks solid and higher than yesterdays volume on Nazdaq, but not on Dow. Right now it's a choice between long or cash.It wouldn't be smart to short anything before the close.
It's nuts. People are buying stocks like EBAY, with a P/E of 185 and slowing earnings growth in a recession!Drac, I was out of KKD this morning at 34.5, and out of BRCD at 23.75, and just jumped back in to short EBAY and BRCD again. They're great companies, but not at that price!
several TA analysts' whose commentary I've read are calling for a top in 1784 to low 1800s area!but that was for over the next week, not today! lol
Drac, did I hear it right? You actually went long on something? Not this one, I hope.