Market continues it's uptrend here. I believe that this is just a pullback on a Fri with gains to come next week. Should we violate 2550 cash, I may change my view.
Hey, B1, on Friday you had 8 posts mentioning the word long, and you were just so wrong,wrong,wrong... I mean seriously, you have to acknowledge when you are wrong. You want to make money or you want to be right? The money was clearly on the short side...
If Asia and Europe end sharply down on Sunday/Monday, we could be in for another routing on Monday too. There is easily another 450 POINTS of downside risk in this market although I'm thinking we'll take the scenic route there unless some unforeseen catalyst triggers a crash.