AI
Tuesday, October 14, 2008 6:45:12 PM
XLF 1-2-3?
do we get a final leg in this run? 19.5-20.0 peak and then a retracement. Seems like its very orderly so far. lot of breaks going up but weakening indicators on the way up. seems like distribution. a gap up Am rally and then distribute to intraday buyers. rinse and repeat. I think more money is coming out throughout the day than is going in in the mornings.
if we don't break over today's high tomorrow then this is going to turn over fast.
do we get a final leg in this run? 19.5-20.0 peak and then a retracement. Seems like its very orderly so far. lot of breaks going up but weakening indicators on the way up. seems like distribution. a gap up Am rally and then distribute to intraday buyers. rinse and repeat. I think more money is coming out throughout the day than is going in in the mornings.
if we don't break over today's high tomorrow then this is going to turn over fast.
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