Fueled by Alcoa rumors (unnamed sources, nice) and Appleby's (eating good in the neighborhood), the Dow breaks to the upside, and the other indices follow. There is a massive aluminum glut and Appleby's sucks. And the three amigos will come back.
The three amigos are busy trading, others are just sitting idle ... calling a top every day and waiting for the apocalypse
Vertical straight up, fallS slow with nice retracements, but rises like a rocket with zero retracements, forget it cant trade that crap.
Short squeeze baby... $$$ I have a feeling we will have a bunch of these before this market falls apart completely ... maybe ...
I think its a bunch off cooked up garbage, Citi changing their name, and a AA rumor. You know its a short squeeze when it goes vertical with zero retracements. I hope the market crashes and washes out some of this excitement.
people just play the technical bounces. On a 3 day RSI markets are oversold. at some point it wont work and everything will get pummeled. market looks real tired.