
Quote from gmst:
I know Satchel was long yesterday and Lawrence was talking about the xmas rally for sometime.
But anyone else here who was thinking long after seeing market yesterday? If yes, what was the rationale/thinking behind it.
To me it seemed like we were going to get below 1190, and here we have this massive rally from1196.5 to 1236.35 - without any news !!!
If the market had this much strength and it had to go this higher, why the hell was it selling like crazy for last 2-3 days. Did anyone see this rally coming ? Also reasons please if you say you saw this rally coming.