the consumer blew their load on fri because of all the discounts ..of course it was up ...but thats it ... sat and sun here in nyc was actually slow ...
market action is extremely bearish today ...
follow the path of least resistance ..!!
yep.. the market has schooled everyone into buying the dips into any considerable correction .. everyone i talk to is looking for an entry ...
this is a bearish sign !!!
i say we try and test FEB lows ...
i learned on my own ..no teacher, no mentor ... just trial and error ...
started with 10k back in 1998.. proceeded to lose 6k of it immediately ..then i never looked back ... i will admit i am a one trick pony ..but it still works ..( even though i wish it were 1999-2000 again :-))
--mm