InvestorsHub Logo
icon url

Joe1984

07/16/13 6:26 PM

#120131 RE: Heavyweight #120130

your guess is as good as mine...I'd be pretty surprised if we see sideways action for another 6 hrs though.

Also, it's the slight fundamental change from last night that has me even thinking a breakout is possible. Normally I'd be shorting this like crazy here and I'm still kind of tempted to. Its just that that dive last week was traders pricing in a rate cut next month (imo) that probably isn't happening. So if I was trading purely fundamentally based I'd be expecting more upside from here.