holidility will peak through friday as sellers want gains into next year, buyers want to get in for january effect, y2k will start in new zealand tomorrow morning at 6am and when the world doesnt blow up, we will get a special edition of "holidility millenium meltup", my advice is to be fully invested as soon as possible and ride this big wave that is already here, my prediction = dow 12000 by mid january (if not next week) go long till your wrong, but the next major move is uppppppppppppppp, i think rande is right about correction hitting late january, but we have much more upside to go from here, the trend is your friend, and time to trade hard for next couple of weeks anyway
ps idc hit 65 in pre-market, dont know how long i can ride that profit, 50 call options, bought wed and thursday, 23k cost, should get a pretty good return on that one (uh-oh greed setting in? sell signal) |
