Fred
Down market bigtime tomorrow.
DNDN
> > Wonder if we will see profit taking swamp out the buyers tomorrow?
>
> > Fred
>
> Down market bigtime tomorrow.
If everyone thinks there will be profit taking tomorrow, then the dow
will be up another 100 points or so.
Probably down a little tomorrow. When the short covering ends, then we
see what happens. Still have Oct to go thru yet. We go up thru year
end, but not in a straight shot.
Market will need a scare to see how secure the fed makes them feel. Shorts
will cover as the market rises and then it will go to the moon. I am not
sure enough to buy SPX calls, but I am going to holds my stock calls and
profitable long positions until expiration this week.
Vito
"NB" <nobu...@gmail.com> wrote in message
news:1190156681.3...@57g2000hsv.googlegroups.com...
>All positions greener than my front yard grass today! No red in sight.
>Anybody seein' any red today?
BA refused to participate in the market rally.
They'll probably refuse to participate in any market rally until they
get that 787 out the door.
Oh, and BIL went down three cents. Probably people switching out of
cash.
I was right again.