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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (16954)4/17/2015 2:57:02 PM
From: The Ox  Respond to of 33421
 
A number of small caps today are bucking the trend, fwiw. Let's see if there's a short cover move between now and the close.

I don't expect one but that could give us a good indicator on how the computers and algos are programmed today.....

There are plenty of reasons for the market to gyrate in the range it's been in for a while now. I'm leaning toward neutral to bullish until the market tells me otherwise.

A few more levels lower are needed before we see cascade selling. That will be the time to growl but I'm not ready to get whiplashed at this stage.