Explain todays massive rally eod

Discussion in 'Trading' started by stock777, Sep 29, 2011.

  1. please, help me
     
  2. buyers
     
  3. mikeenday

    mikeenday Guest

    it's not important.
    you should take the opportunity to purchase some SDS, as I did 5 minutes before market closes.


     
  4. Random walk between support and resistance levels.
     
  5. not that big rally really.

    1. 114 on spy was support and resistance several times.

    2. market is not as weak as (too) many think.
     
  6. Lucrum

    Lucrum

    You're short.
     
  7. I think it's a battle of month/quarter end window dressing and redemption selling.
     
  8. massive rally? We rallied but it was not massive.
     
  9. it was pretty massive if one was Short at the wrong spot :cool:
     
    #10     Sep 29, 2011