There is a mass realization that the citi thing was no big deal, the liquidity subprime mess is over and that it is time 2 buy. No one wants to be short when all the bad news is already priced in. Everyone is tired of the same old citi news and liquidity.
Perfect textbook rebound from the support of 13450 on the dow shorts are completely ****** there will be no mercy
you know it.....that 94/96 zone is exactly where they stepped in on 10/24......that is one hell of a protected zone.....& one nice neckline!
The 2:30 rebound almost never fails At some point there is a mass panic. People need to close their short positions. Now we're green what happened to the citi news? Already over? No more selling?