Todays big volume is like fresh meat for daytraders. They will be loading up.
As a daytrader, I would set my long stop at 12.54,one penny below yesterday's high. If it falls below that the rally is a faked one.From the volume and pps action of today, it is highly unlikely pps will retrace that far tomorrow!GLA!
It's hard to tell. Would you have guessed today's opening? That was UNBELIEVABLE!!!!
We wouldn't buy a company that just went up 20%, that's facing an FTC haircut and having to restate the last 3 years.But we'd short it.$wing
Better make sure Mariano Rivera is not pitching to you.