Anon, I'll, tell you a little secret about our friends on this thread, they are extremely generous, they remember all our good calls, but very rapidly forget our "bummers", like that "late short covering" i Suggested, or your 3:40 bounce. Nice people.
Zeev
Correction, I see we got our last 10 minutes of short covering, not an omen for strength in the near future, maybe that Nov. 7th was it after all. A "small error" of some 50 Naz points on the spike, but the expansion of volume and new highs is quite anemic. I would guess that the next step up in the dance might still have some pezzaz, but not too much. Short should hold their breath until we close under 1793, or cover on a weak opening tomorrow to reshort maybe late Friday. |