Sellers Step In Again

We had another one of those days with a huge rally during the first hour and that was all she wrote. Luckily I learned a long time ago to be real cautious of early huge runs like that -- especially on no news. I guess those quick gains were just too tempting for the sellers not to take advantage of. I know a lot of the headlines make today sound like a great day for the bulls but from what I saw today they have to be getting extremely frustrated with this action.





check out my neighbors in meatspace


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Quoted

"Markets can remain irrational longer than you can remain solvent." ~ John Maynard Keynes
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This page contains a single entry by Michael published on December 21, 2005 9:49 PM.

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