By all means knock yourselves out which for this site of pikers doing nothing and then past posting the move. Cheers
are you suggesting US equities are near a bottom ( because of inflation) ? I'm neither bull/bear. I trade whatever makes sense. AMZN was a screaming short sell. Earlier this month, I made several comments to that effect. http://elitetrader.com/vb/showthread.php?s=&postid=1983926#post1983926 There are still big juicy short candidates like goog, amzn etc.
I wrote on here a few times last week that indeed I saw a short term bottom in the finacials that would be helped by oil dropping below $130 and it was time to take some long trades. I see no real change in what I said then. The overnight gap will fill and look to see a strong day tomorrow there are some tech worries but overall look for the market to show its recent strength
Just one simple question, with all this new found strength why were we not able to close above Jan/March lows in the SPY.. 0 for 9 in the last 3 days..Bogan7..seems you ran in to a brick wall.