Like it or not, they do want to rally this market. They dressed it up in a pretty costume last night after it had been ugly all day. Again this morning, they took the tattered look away and gave it fresh life once more.
I've built up a decent sized SMH position already and just added on the break above $34.25. Market is definitely wanting to pick up steam here and I'm looking on the long side as a result. Resistance just above. This is the second knock on the door. The intention is clear; keep knocking until you knock it down.
I've built up a decent sized SMH position already and just added on the break above $34.25. Market is definitely wanting to pick up steam here and I'm looking on the long side as a result. Resistance just above. This is the second knock on the door. The intention is clear; keep knocking until you knock it down.
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