The contrariety inside me views this as a very bearish development. What exactly is stopping this market from testing pre-expiration lows is beyond me. Appears to be very simple:
S&P rallied and could not even reach it's high, it will now go back and test the lows. If test is successful, back to the highs we go. If not...you know the rest.
What is the advantage of going long here?
amused by the bullishenss this sell-off is creating
Started by
rkd80
, Jun 22 2007 11:46 AM
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