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Air pocket drop


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#1 Rogerdodger

Rogerdodger

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Posted 11 July 2007 - 08:58 AM

Last weekend I observed: "We might see an "air pocket" drop sometime next week to pump up the bears. (www week)" Well bearish sentiment did jump last night. If the market can close up today, I'll be interested in seeing how much of a swing in sentiment it causes. If the bulls start slobbering and hoofing the ground, that will not be bullish. If we close some of those gaps just below, I believe you'll see some covering. TWT