YM 122 points above FV now

Discussion in 'Chit Chat' started by kxvid, Dec 7, 2008.

  1. kxvid


    I am thinking about fading this one. When was the last time the market started +122 points and went straight up for the rest of the day? All this only because Asia is following Friday's short covering rally up? Its almost a risk free profit on this one.
  2. Market has been in "asshole mode" as of late. Be careful!