Friday = buyday.... for normal Monday nothing bad happened over the weekend free money no risk gap up...$$ unless of course.. this time is different
I do not think the economic picture is all that great into end of year purely on the effect of energy prices. Maybe theres the idea that a rising stock market will increase consumer spending even with $3 gas???
babak, its one day. i dont make one day or 2 minute calls. that is not how i trade, nor how i decide to buy or sell stocks. Good scalping mkt isnt it? Keep the momo alive!
thats what sucks about this site. all these scalpers thinking they are market wizards, esp. when they make a little cash.
SPX retraced .618 of yesterday's rally 30 minutes into today's session and rallied. Love the Fibonacci's!