Many things I talked yesterday's post have come to be.
Now, you know why I play my own game without much regards for market animals and their hopes and dreams
Is this yet another correction in an ongoing bullish 1-2-i-ii-1-2?
Was it the end of a diagonal C or some other sort of counter trend pattern?
Too soon to say.
As I said, I have no desire to see gains evaporate by taking side with this market animal or that.
Did not even wait for my 1110 -- just reduced and hedged and we'll see what happens for the rest.
I may check the market again in the afternoon, if I do and find something interesting, I'll make a post
Have a Nice Day!
S&P 500 – May 15, 2012 - Bottom Line: Long term trend is up. Mid-term trend is down. Short-term trend is down Weekly S&P stage is Late Advance (2-C) Daily S&P stage is Strong Decli...
1 year ago