Discussion in 'Trading' started by Aaron Copland, Apr 4, 2008.
This may be your weekend news maker. Stocks make three month high even as US looses jobs.
Curiously, todays market has nothing much pushing it except short covering so far. Frankly if I was short the entire market here I would just sit tight. There is no real underlying impetus behind the move today. We should see the market retrace once all the intraday shorts have been vanquished. That said, i won't be surprised to see an overall rise the first three weeks in April more or less as this markets swan song. (Pretend i did not say any of that. Prediction is a very dangerous game.)
On another matter, Is GM too big to fail? Will that be the next place for Hank and the boys to intervene, just to wreck all of our puts and Bear verticals!
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