I have no doubt that some day you'll be right. The economy is probably in the worst shape in 30 some odd years, and our outlook is dismal. But until the propping is done, this won't fall.
IF they cant push the indexes higher they will just let them close nearly unchanged like they have been for weeks.
to sum up the week: the bear was circumcised against his will but his family jewels were left intact.
11 up days now!!!! 19 out of last 22 trading days have been up. SPY ETF up YET again!!!! Last Trade: 115.46 Trade Time: 4:00pm ET Change: Up 0.01 (0.01%) Prev Close: 115.45 Open: 115.95 Bid: 115.56 x 134700 Ask: 115.57 x 20600 NAV¹: 115.49 Day's Range: 115.14 - 115.97 52wk Range: 71.97 - 115.97 Volume: 156,764,447 Avg Vol (3m): 182,044,000 YTD Return (Mkt)²: 26.31% Net Assets²: 66.71B P/E (ttm)²: 14.75 Yield (ttm)²: 2.03%
_UPLIFTED The Wilshire 5000 is up 10 sessions in a row, something it hasn't done since 1995. Date Increase Feb. 26 0.1% Mar. 1 1.2% Mar. 2 0.3% Mar. 3 0.1% Mar. 4 0.4% Mar. 5 1.5% Mar. 8 0.1% Mar. 9 0.2% Mar.10 0.5% Thursday 0.4% Source: Wilshire Associates
So if it goes down a fraction Monday, you will be out of your short? I see your entry signal not your exit
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