You guys want to know what's going to happen? With pinpoint precision??
Made to order just for you:
From Wed.
fabian Share Wednesday, November 17, 2010 11:17:28 PM
Market short term....
Going into the week we said to expect [for this week]:
Sun:
"Some weakness is likely to continue until Op Expiration next Friday. [next week likely to be erratic and choppy but likely no net gain]"
Wed update:
While it is not possible to predict the day to day with high odds of being correct, so far the week is going according to plan.
We've had two flat days and one hard down day.
We'll go out in a limb and suggest the market now rallies smartly up to SPY 120 or so in the next two days but ends the week with a net loss, thus giving an
"erratic and choppy week but with no net gain" which was the forecast.
At the moment with 2 slow hours to go, the SPY is at 120.01 with a net loss of .16% for the week.
We're going to declare victory and call it a day.
How did we do that??
Easy, just read Saturdays paper on Sunday of the previous week. [g]
Have a good weekend everyone.
Fabian
