Wednesday, June 16, 2010

June 16th, 2010

Since last Friday the market went up in low volume.

I don't believe in this rally at all since last Friday.

The market will retrace back down to last Thursday opening gap.

Since the market went up in low volume, the shorts are covering and little buyers are stepping.
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4 comments:

  1. BASJune 16, 2010 at 11:25 AM

    today is really bizarre

    quad opt exp friday


    crears

    ReplyDelete
  2. BASJune 16, 2010 at 2:33 PM

    no freaking again

    more upside

    F* today

    I've had it.

    they can play with themselves. i'm out.


    ihedico

    ReplyDelete
  3. gcl106June 16, 2010 at 3:33 PM

    The QQQQ did hit my original target at 47.

    ReplyDelete
  4. dxoJune 16, 2010 at 4:02 PM

    I don't think anything is going to happen the rest of the week with options expiration.

    ReplyDelete

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