market just reversed to the down

Discussion in 'Trading' started by Warrior4g, Jan 8, 2008.

  1. what a head fake for hopeful longs. seriously.its because a fed guy just made some very negative comments about the economy,totally contradicting what another fed guy said this morning.
  2. everyone playing breakout above yesterday's high getting hurt
  3. thats what bear markets do. they suck you in with false breakouts.