Edited by sluzbenik1, 10 May 2012 - 09:40 AM.
Nice gap fill
Started by
sluzbenik1
, May 10 2012 09:36 AM
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#1
Posted 10 May 2012 - 09:36 AM
I think we should bounce and will - had to shake out the retail buyers by filing the gap. Long now at 1360.52, don't plan on holding past Friday. Sentiment way too negative not to bounce.
I'm not sure it's so much grinding as whimpering. The market's a spoiled brat.
Tight stop. Reeeeeeeaaaaaaaaally tight.
Keeping a close eye on VIX. Note we did not even really get oversold using various indicators on the dailies.