-nikkei up almost 300 from where we sold it to end of day. -hhi.hk up 300+ -hsi up almost 300 -taiwan up 2% (taiwan has been amazing for the bulls lately) --aussie is only one down. Don't know if the bears are going to rule tommorow.. silly weak US markets..
I think todays sell off was just another buying opportunity for the bulls. Its going to be difficult to judge this market when it does finally sell off, I would lean towards a 90%+ chance of the DOW going to new record highs by next week. With the Fed meeting and the BX IPO things are only looking up.
the week following options expiry tend to be down weeks from what I have seen. Pretty high % around 80-83% of the time.
nah.. i'm just frustrated watching these markets obediently obey trendlines/etc and stay technically bullish, but really not acting it with much conviction. In fact, it seems more time lately is spent selling. Its soooo much easier to make $$$ being long anything Asia right now. And by the way... "HUGE" in the title is a sarcastic Larry David / Jeff Garlin HUGE... if you know what I mean.