01-17-2012, 04:08 PM
Im actually very surprised the market handeled things. CITI and JPmorgan missing, as well as Greece steping away from the table, and possible approaching default.... Yet the market didnt puke. Im surprised, and a little concerned about my short term bear stance.
Right now Im up on my FAZ but being that the bad news I thought we would hear came and went, I feel like there might be a bull bump coming, leaving me with the bear chewing my butt.
The main question being, what is the new low and new high? Is 12.4k dow / 1300 s&p the new low of the band?
Right now Im up on my FAZ but being that the bad news I thought we would hear came and went, I feel like there might be a bull bump coming, leaving me with the bear chewing my butt.
The main question being, what is the new low and new high? Is 12.4k dow / 1300 s&p the new low of the band?
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
