Tuesday, August 23, 2011
Where have the bears gone?
You can bring out your Pic-i-nic baskets cause it seems like the bears have vanished. I don't want to get too bullish yet though as the bears aren't just gonna give up and go home. They're gonna make another push towards the lows set on August 8th but if they fail to breach them expect one hell of a short squeeze. I'm buying the pullbacks from here on out until I'm proven wrong. So what's the shake? What are we waiting for so we can either fly high or crash hard? It's all about Big Ben on Friday. Good trading kids :)
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Market Move
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