what was that all about in the last hour today (10/4)???!!!
A 4% swing in less than an hour and nobody has a clear explanation?
That with 458 million SPY shares exchanged? Beets me. News driven perhaps? So what's new? EU banks claiming this's and that's. But this was more than noise but not a sure thing.......there were 4 such days back in early august before the market turned then, some as high as 600 million or more SPYs.
One day does not a bottom make.
Here on our autotracker - there are few believers; 3/top 30 have anything other than G/F, the lowest reading I can remember since ~2009 (but will change today). And no pile of early IFT's either.
I say: market to be sold into with a vengeance by the end of this week.
A 4% swing in less than an hour and nobody has a clear explanation?
That with 458 million SPY shares exchanged? Beets me. News driven perhaps? So what's new? EU banks claiming this's and that's. But this was more than noise but not a sure thing.......there were 4 such days back in early august before the market turned then, some as high as 600 million or more SPYs.
One day does not a bottom make.
Here on our autotracker - there are few believers; 3/top 30 have anything other than G/F, the lowest reading I can remember since ~2009 (but will change today). And no pile of early IFT's either.
I say: market to be sold into with a vengeance by the end of this week.