ajtj99's Market Pulse

[was Steve]

normally i would agree that a late day bounce would only prolong things, but the magnitude and sharpness of this ramp leads me to beleive that the lows could well be in for a few weeks or more. had it stopped around 1400 ndx it looked like a perfect set up for carnage tomorrow. but it blasted thru that and would have gone green with a few more minutes.

now i am left in a state of confusion as to what happens manana. my planned re-entry to long side for this friday may well come at higher levels than i had anticipated