Quote from Pekelo:
Was it in a room, from a post or what? I don't think he posts here anymore...
Also, did he explain, why he thought we would go up?
Not sure if room, he told me via Yahoo IM. He did not think market could flip the neckline of the inclined head and shoulders, therefore, as soon as the neck was bent, he got very bullish long term, as he thought it was a bear trap, due to the support of SPX; do or die.
ESD
