Saturday, May 4, 2024

A Nice Day For The Bears…

Dancing-Bears

Looks like we finally picked a direction... down!  As for tomorrow though, I wouldn't expect too much.  It's option expiration and will probably be just a flat day as traders just close out positions before leaving for the weekend.  I'm not going to write a long post here as I don't expect too much tomorrow.

So, I'll save my thoughts for the weekend post on Sunday.

Red

Red
Author: Red

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jaywiz10534
jaywiz10534
14 years ago

HI REd
Ive been projecting a SELL OFF from Dec 24th Dec 31
and now thinking 5% to 8%
comment at the Jaywiz blog
thanks
Jay

Red Dragon Leo
14 years ago
Reply to  jaywiz10534

I'm thinking that's is basically going nowhere until next year. I little down, then up, or simply sideways… but nowhere in reality.

jaywiz10534
jaywiz10534
14 years ago

HI REd
Ive been projecting a SELL OFF from Dec 24th Dec 31
and now thinking 5% to 8%
comment at the Jaywiz blog
thanks
Jay

Red Dragon Leo
14 years ago

I'm thinking that's is basically going nowhere until next year. I little down, then up, or simply sideways… but nowhere in reality.

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