As If Bear Has Not Been Screwed Enough - Now They Want To Castrate Him!
- Thread starter shortie
- Start date
. There was a smackdown today at 1145. It's like musical chairs. No one wants to get caught!!!
Seems like the market's gunning for new highs. What a flood of stops will be hit if it does. In the meantime we are crawling higher.
The big volume has been on "reversal days" otherwise it's squeeze higher pull back a few points, lather, rinse, repeat.
I figure we got one or two more days of this shit, then volatility. The question is will that just put us in place to gather enough momentum for new highs?
We've essentially closed higher every day since 2/8 a month long rally. It's getting a little tired.
Seems like the market's gunning for new highs. What a flood of stops will be hit if it does. In the meantime we are crawling higher.
The big volume has been on "reversal days" otherwise it's squeeze higher pull back a few points, lather, rinse, repeat.
I figure we got one or two more days of this shit, then volatility. The question is will that just put us in place to gather enough momentum for new highs?
We've essentially closed higher every day since 2/8 a month long rally. It's getting a little tired.
I don't see an end to this crap until the QE expires at month end. Then let's see how well the market holds up. In my uneducated and uninformed opinion, we're seeing the gunning up for as high as we can get before that happens, with the knowledge that after QE is over, the real game begins.