Saturday, January 16, 2010

The beginning of something more than the one and done correction

yesterday felt different didn't it... i think this may be the beginning of the overdue correction.

everything sold off and it was on good news (intc and jpm earnings)

they always say the news is the best at the top and worst at the bottom

i would argue there have been several warning signs the last week in the economic numbers that the bulls have ignored

that said, everytime we have had a one day drop the following trading day we recouped most if not all

1 comment:

  1. you said it. lets see if there is a big buyer of s/p mini futures early early monday morning as is custom.


None of my content is a recommendation to buy or sell any securities.

Please do your own research or consult an advisor before making any investments.