Friday, December 3, 2010

Gap Fill then Sell

We've got the disappointment in the jobs number.  I expect this gap down to be met with eager buyers in the first hour or so and then expect selling to come in around the gap fill area at 1221.  I don't think we are ready to selloff hard just yet.  It will likely come in next week.  In the meantime, it should be choppy around the top here. 

3 comments:

Petsamo said...

Sounds good!

Anonymous said...

Sold 1/2 PCBC @ 0.33

Ol DAWG

Anonymous said...

Short GMAN @ 15.87

Ol DAWG