Boy was I wrong Nice squeeze off the bottom. Now 1100 is in sight of op ex next week. I do not see a crash scenario after today's strength at all. The market made a nice move with follow through. Money flowed. Now we just need to hold the low. There is 20% upside from here to the end of the year and 10% downside......
the market tried its best to crash Mon/Tue but all we got was another bottom re-test. i still think that this rally is suspect.
If you remember, virtually all "dumps" as you call them were preceded by either a major catastrophe or some god darn awful news event (like European Union/EURO is coming apart at its seams), I cannot think of any upcoming news or event short of a war to cause a "dump", next week. But anything is possible...