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So, this market finishes UP today? Typical bullish action


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#1 dTraderB

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Posted 05 January 2012 - 01:04 PM

Reminds me of bullish market action: pullback during first 2 or 3 hours of regular session, then finishes up ....which translates into buyers want to buy pullbacks, some are waiting for pullbacks, so I expect more up action for next day or two However, the market has to deal with JOBS report tomorrow -- maybe an upside surprise. And, there is on way Q4 earnings will beat expectations so the inevitable decline will follow after this upmove is exhausted.