Friday, November 6, 2009

Positive into the close

Mixed results on Fast Money Halftime report, both buy and sell calls along with a stay on sidelines call.  I am however leaning positive into the close and expect a slow grind higher. 
With investors relieved that the market didn't implode after the jobs report, we should slowly get that relief rally in the afternoon and on Monday.

1 comment:

Anonymous said...

I said 1070 dawg.

Now what? Now it sort of looks like mkt wants to base at around this level.

You go up, and you stay there, all of a sudden you're no longer overbought.

I'm still not going to buy anything anymore till we retest.