Friday, November 4, 2011

Gap Up Signal

Expecting the market to gap up on Monday.  The Greeks were the excuse to sell today.  Once that excuse is out of the way at least in the short term, they will bid 'em up as the algos go back to work.  We may get to 1270-1275 area before we stall out and drop hard. 
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3 comments:

Anonymous said...

Yep, more upside ahead. I see too many Bears playing the way too obvious H&S which usually means they'll be spanked next week.

11/04/2011 05:55:00 PM
Anonymous said...

Greek PM wins confidence vote. Looks like Monday gap up.

11/04/2011 07:43:00 PM
alexnewbee said...

higher. 1320 or smth.. and new highs for NDX. But I could be wrong. dead wrong ))

11/05/2011 04:31:00 PM

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