Thanks, but this PA is downright retarded. They kicked this baby up 30 points only to throw it out with the bath water. Just stating the facts, ma'am. Anyway, it's kinda hard to get the momentum working for me at the moment. Whenever I get in, the damn thing slows down. Whenever I exit, it swoons as it is doing now. I wouldn't be surprised if we knock yesterday's LOD out.
a 100% retrace in an hour and half after a major bull "never" happens, so I'm not beating myself up too bad finding myself caught up on "wrong" side here. But, it does happen once every 7 yrs or so lol
schiz, these errant short cowboys inflicted some real technical damage to the charts that cannot be ignored. it's real, and will effect future price
We have FOMC coming up on 16th. The Fed Fund futures is betting that the rate will go up. This smart money is merely pricing that in. Once the rate climbs, we could actually see the market go up. Just my 2 cents.