Wednesday, May 6, 2009

This Market Smells

Everyone was afraid to buy on the way down.

Everyone is afraid to short on the way up.

Fundamentals have not changed. We WILL retrace down. But when....

if anyone has a crystal ball, leave it here please.

3 comments:

  1. MAY 11 will be your huckleberry--That's when I'm going 100% short with (tight as a clenched fist) stops--
    Or one of those other dates you posted the other day--
    like day after Options expire---
    and my favorite--
    day before JUNE 1

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  2. May 10th holiday. May 15th OPEX. May 25th Holiday (market closed). I dunno. But with everyday we go up, odds increase. I wonder if Thursday, May 28th will be it?
    TK says September.
    Gary says any moment.

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