mlk_man
Banned
imported post
Appears to me that the market is trying to form a base around our former resistance level of 1260. May be why the smart money sold yesterday. Trying to flush out the rabbit, or the pack, before they buy back in. I think they are trying to disguise the rally, but I know a rabbit when I see one. I'll be looking for one more big down day before jumping back in. Hopefully it happens before noon so I don't miss it. :^
JMHO,
M_M
Appears to me that the market is trying to form a base around our former resistance level of 1260. May be why the smart money sold yesterday. Trying to flush out the rabbit, or the pack, before they buy back in. I think they are trying to disguise the rally, but I know a rabbit when I see one. I'll be looking for one more big down day before jumping back in. Hopefully it happens before noon so I don't miss it. :^
JMHO,
M_M