Thursday, April 22, 2010

Amazing Comeback

I think after a day like today, the bears have to be demoralized.  This market probably needs to get to new highs before we can get a meaningful pullback.  The momentum is just too strong and any swing short positions are dangerous.  Bears got hammered intraday.

1 comment:

Petsamo said...

That was a nice call, Owl. I knew I should've gone long on my cash positions.