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S&P 500
7,612.22
(
0.42%
)
US TECH 100
29,758.40
(
0.77%
)
Dow Jones
51,038.96
(
0.01%
)
Brent Oil
94.68
(
3.63%
)
Bitcoin
71,566.00
(
-2.70%
)
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Ace Hanlon

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Ace Hanlon

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Re: Justa Werkenstiff post# 370

Tuesday, 12/26/2006 5:12:45 PM

Tuesday, December 26, 2006 5:12:45 PM

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I was so sure the market would rally today that I bought some SPY at the opening.

The McClellan oscillator -- my favorite short-term indicator -- got almost as oversold as it ever gets on Friday. The odds of a bounce today were emormous.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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