i'm standing aside until next week and will be traveling a bit...closed most of my position on thursday. He..ll of a run in energy stocks this week..eog was around 70 a few days back mercy mercy.
yeah..it looks like consolidation from the big turn around on friday. it was impressive.. see if the bulls can keep it going.
1880 is the floor at this point..lot of evidence says we have a near term if not a more intermediate term bottom. We may need to consolidate in the 1915-1960 area for a bit? For a awhile the bad news was bad news on friday but the bears couldn't break that low and we had a massive turn around. gl next week.
Jobs numbers kinda spoiled party for now..see if we recover some by the close..I may just add a bit of my favorites and see how it goes. I think October is going to be a rocky one but overall beginning to move higher for year end rally. See what mr market has in store? Watching that low area and see if we break or not...gl
Kind of started our weak but some things looked good on the close..bios looked good in particularand energy firming.. Maybe after we get through October a nice set up for a year end rally? Gl
maybe a bounce coming which will likely be a fade..looking for a possible gap fill 6...
momentum is now broken..they'll need something good to get this going. 30% haircut in a few trading sessions. Didn't hear our resident hero posting another buy order today...lol.
Dont know why anyone would not have taken some off when we hit 13..especially you regulars. That has been an area of resistance 3 or 4 times. Thats retail married to stocks with religious conviction. This thing could actually fill the gap at 6. Good Luck.
Hi Cle..I was actually just saying they got hammered...lol gettin kind of ugly.Back to the October lows. The crash low in August is 15370 on the Dow. May be where we're heading.