I'm on lockdown. Don't know whether to #$%$ or go blind. So I guess I'll just close one eye . . . . .
Looks like a Dead Cat Bounce to me. More downside coming. Buy bear market ETFs.
Fishing? Someone mention fishing?
Is today a "Dead Cat Bounce"? Or is the Bull back running again following capitulation after a small correction?
I'm going fishing as soon as this storm passes. You guys keep the mkt under control while I'm gone. OK?
I think the Fri song should be "My Elusive Dreams"!
You followed me to UGAZ. You followed me to RXII.
We didn't find it there, so we moved on!
Then you went with me to Nov-A-Gen,
Things looked good in Pharmaland,
We didn't find it there so we moved on.
I know you're tired of fol-low-ing
My elusive dreams and schemes
For they're only fleeting things,
My elusive dreams.
Rob, it's close to OB but not quite there yet. And, when it does pull back, it usually falls ~$1 and then takes off again to new highs. It's on my Watch List along with the others I mentioned in another post. If (when) we get a correction, I'll be a lot more interested in buying something again than I am now. Now, I'm only interested in day or swing trading.