We were extremely oversold yesterday before day started
and now we are overbought. I know it is simple but bad news has
hard time breaking down an oversold market. Have a good day as I
was fortunate and bought some puts at the close and intend on
closing them out today.
This is totally nuts
Posted by windyjazz on 28th of Sep 2012 at 08:35 am
Yesterday erased...like it did not exist...is there at least an understanable reason?
We were extremely oversold yesterday
Posted by rbreese on 28th of Sep 2012 at 09:22 am
We were extremely oversold yesterday before day started and now we are overbought. I know it is simple but bad news has hard time breaking down an oversold market. Have a good day as I was fortunate and bought some puts at the close and intend on closing them out today.
Every once in a while fundamentals like GDP, Price Indices, etc. matter
Posted by lessarda on 28th of Sep 2012 at 09:13 am