As you may remember, in the second week of December, I said the third week of December and the third week of January are dangerous times.
I was wrong about the third week of Dec because Nasdaq cratered only about %5. My expectation was something like %10-%15 crash in a few days
we will see how it goes next week, the third week of Jan, despite the fact that it is an opex week...
reminder about "whale migration season"
Started by
A-ha
, Jan 12 2007 02:29 PM
1 reply to this topic
#1
Posted 12 January 2007 - 02:29 PM
#2
Posted 12 January 2007 - 02:59 PM
I wish we were going in there with more bullish sentiment, but we're not..
Fortunately, RSI5 has advanced enough where its getting into sell territory..
Qs reached that yesterday. SPX and Dow may hit it today.. will know after close.
4 days of trading.. OPEX.. a whole crapload of news.
Qui custodiet ipsos custodes?