Monday and the entire week will be up.
It's portfolio rebalancing season for institutional money, and they're seeking yield and security in blue chips.
That will certainly bode well for the Dow.
Plus, Helicopter Ben speaks next week. That silk tongued devil that he is.
I'm long oil, oil service, and oil refining.
I plan on going long metals and mining, and shipping, to try to eek out whatever additional mo they have. I'll take the last 10% or 20% if it will surrender itself to me.
Of course, everything I said is complete horse shit, and if I'm right, it will be attributable to coincidence, because no one can predict the future, though I do genuinely long to acquire the skills that would allow me to consistently make profit on an intraday basis, which I know is not intellectually easy nor for the emotionally-attached-to-their-money.
