Black Monday? White Monday? Grey Monday? Dunno yet, as long as it moves up or down a good stretch. I can hardly wait to roll with those waves as spotted by some in their crystal balls.
Oh and one more little thing I forgot to mention, the fact that BUSH crashed the market after he was elected the first time so it only goes to say that he should do it a second time.
I didn't realize that the circuit breaker on the Dow was at 1000 pts. A lot of damage can be done by that time...
Yeah today was nice, first those silly drug stocks gapping and running, then nice simple downtrend day in the indexes. Sure made up for a rough couple of weeks. What I hate to think is an even more low volume tight trading range could follow this move for even longer then the last ones.
Just got a little long around 1146, I'll be looking to add some more Monday/Tuesday if there is more weakness. Probably a bit early as usual, but I find it hard to believe that we won't see at least 1180 again within the next month or so. If it pukes then I'll pick up more in the low 1130s and 1110-1120 region.