Exuberant Irrationality
A view of life, stocks, companies, the markets, and investing "through a glass, darkly."
Friday, September 17, 2010
Defenses Probed
The market probed the 1130 defensive line on the S&P 500, but it was only a reconnoiter.
Expect another test on post-expiration Monday ramp. Could be a great jump-on point for a nice retracement trade.
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