PK,
I was over at TSO, Steve Gonzo's reply to you was cool about SPY, etc. Learn something new ever day...
Titan pulling out the stops, plus ORCL. ON balance, it's a tough call but it you admit that earnings drive stocks more than politics (and with Clinton's smirk (really answering NO WAY F%#KER) when NBC correspondent ask him if he considered resigning.....), I'd say tech rally, at least.
Will it pull along the banks and financials? Probably not. Still a concern there. Still pull oil up (way cool, you must admit), but I am reminded of Thean's comments about surfing the upper BB or pulling back. I think we're "in the middle" again. Thean could help here.
All will be quasi-rosy until the internet site gets the goods from Uncle Kenny, and people then decide if they want to hold over the weekend.
There may be some morning euphoria, with an afternoon reality check. Day trade long in the morning, and see if you can sell into the rally. |