you know it is going to play out just the way I have told you it would. GLTA
Numbers don't really matter today, we will be down for the week , but up 206 points today as the short crowd gets battered again.
huge up day but the Dow breaking it's 8 week winning streak with close at 16,027 today.
miss and miss next quarter also.
we are going much lower
the players will understand the FED has no intention of tapering next week, one set of data does not change things, and also fed will be reluctant to pull away the "punch bowl" right before the holidays
followed by a strong upside tomorrow with close on the dow at 16,027
rally into todays close followed by a strong upside move tomorrow.
with strong follow thru tomorrow with Dow closing tomorrow at 16,027 -- BOOK IT
strong upside move also as players realize there will be no taper till next year and take the last few days positive results as good news, but we still have a down week this week but only marginally, Dow close at 16,027 tomorrow. GLTA
Lots of pain if your short 8.48 Million short - float 37.48 Million-- 39% short %, with this news this morning pain is your gain if you stay short.