I don't see anything really positive either. Could be we were just terribly oversold and needed so upside action. I don't expecy it to last, do you? I'm still intending on loading up on QQQs below $20. Bought some today with my PUT proceeds.
wbmw: Between Yahoo beating, a better than expected unemployment report, optimism from GE and an extremely oversold condition, we are seeing a bit of a bounce. I am taking it with a grain of salt, though. The market today has completely ignored a rather dismal retail report for September. I don't think that this is an indication fo any kind of turnaround.
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