Looks like we dodged a bullet this week. I think we get a decent max pain rally here for a few days, unless of course there is some terrorist activity this weekend.
stockcharts.com[w,a]whclyyay[d20020211,20031211][pf][vc60][ilb14!la12,26,9!ld20!lp14,3,3!lk14!lah12,26,9!ll14][J9799793,Y]&pref=G
We broke up and out of this channel. I would not be suprised to see a big gap up on Tuesday if nothing bad happens this week. Everyone was talking about not wanting to hold stocks this weekend, I guess people were more worried about missing a rally.
stockcharts.com[w,a]ehclyyay[pf][vc60][ilb14!la12,26,9!ld20!lp14,3,3!lk14!lah12,26,9!ll14][J9716099,Y]&pref=G |
