Bulls save the day from a wicked sell program, but expect today's gaps to be closed this week, if not tomorrow or overnight (for futures). This is not a healthy looking day, no matter how they spin it. Too much fear ahead of PPI.
Thanks Eddie for this excellent article by Larry Connors: link.
I also think next month could be bullish, but that move might not start until August 26th or later, so be patient. Shades of 2005? Big July rally, heavy down August, September rally and October collapse.
Thanks Eddie for this excellent article by Larry Connors: link.
I also think next month could be bullish, but that move might not start until August 26th or later, so be patient. Shades of 2005? Big July rally, heavy down August, September rally and October collapse.
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on Monday, August 13, 2007 at 8/13/2007 03:44:00 PM.
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