Thanks for the information, will probably just sit pat.
1 more question for you to answer at your convenience. If the market does continue in this uptrend, are you at this time still thinking about going to the short side somewhere over the 1500 area??
In other words as of now, this is still in your opinion a bear market rally??? OE is coming up soon as well as some critical reports next week, retail #'s, warnings season is here, etc.
Just wondering in the back of my mind if the powers that be will try and retest that magic 1520 level before actual OE Friday, then use that timing to start unwinding positions.
I suspect we will see another blow off day like today before the down carnage begins if only to convince the new bulls that all is well. BWDIK right?
thanks
M
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