3 items will move it: Ben is speaking 10est Durable goods orders 8:30am New home sales 10est ...MASSIVE move awaits...HUGE...this is my opinion...
I hope you have no positions based on what you "think" the market will do tomorrow? thats gambling" ___________________________ another assnine post on ET. Hummm, I guess the word SPECULATOR no longer applies to the markets? I mean, g-d forbid one goes long overnight with the "Thinking" that we will rally? Of course not. I mean, the trading world never SPECULATES? fuck, they just churn and churn in and out of positions all day long, playing both sides, 100000 cards a day. LOL Fucking idiots.
I couldn't disagree more. I keep a bullish % index on 824 of the highest volume stocks. Typically an oversold situation is when the bullish % is less than 30% and an overbought situation is close to 70%. We are sitting at 37.76%