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ItsAllCyclical

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Re: ajtj99 post# 138596

Thursday, 01/15/2009 10:52:07 AM

Thursday, January 15, 2009 10:52:07 AM

Post# of 148479
(edit) Agree on the happening faster. I would have set up more shorts had I thought we'd fall this far this fast again. I was at least expecting a retest of the breakdown area from the rising wedge. We may still get a minor Obama bounce, but I would expect nothing more than a few days unless something changes on the FA front.

With respect to NYSE/SPX isn't the NYSE bigger? Shouldn't it superceed the SPX? (at least ST w/respect to a potential bounce). Agree w/HFTOM of markets over the IT, just not sure ST.

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