Nope....I think I will double down today or tomorrow. You are going to have to cover sometime. Yesterday it was oil...today it's china. What about Friday and Monday?
I was hearing up to 60% of the movement of this little rally was corp. I think the best that could happen tomorrow would be an extension of today...slightly up....but what do I know
A good portion of this rally is from Corp buybacks. It ends tomorrow because of earnings. This process makes a companies EPS look better.... wink wink
I really thought that large build in oil was going to help put in a support.... My 7.30 grab doesn't seem so smart. more averaging to come
I grabbed 1k pcs .20 higher thinking this would bounce... I was wrong. I think this could see a 6 handle! I will average down like crazy from $7.50 south