The Bull Within Us
With about a half hour to go we are starting to see a real rally take shape. We've been nursing along our longs in anticipation of this and we will be looking to exit some of them (or at least partials) into strength as Santa mounts his sleigh and heads our way. As I have talked a lot about lately, we want to sell into strength and buy weakness and this is strength, not weakness. Weakness was late last week when we started our adds.
Hopefully you are along for the ride here and have both merry thoughts and bulging pockets as a result. My mother always said to not count your chickens before they hatch. Well, you can see the littler birds pecking from the inside on these eggs so the counting should begin soon barring a real surprise.
Hopefully you are along for the ride here and have both merry thoughts and bulging pockets as a result. My mother always said to not count your chickens before they hatch. Well, you can see the littler birds pecking from the inside on these eggs so the counting should begin soon barring a real surprise.
1 Comments:
I was 80% in until close but scaled back to 46% at close. I needed (emotions), to take some profit. Still not confident that
the big money is supporting this
small rally. I did notice that repos the last 2 days was over 40 billion. So, maybe the government wants us to have a happy holiday!!
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