Quote:
Originally Posted by polarbear
Intraday reversal today, rallied then sold back off. Time for traders to start paying attention.
|
On the other hand, a record high was made for the Dow & S&P today and then the pull back. This has happened consistently for weeks now. It's called climbing the wall of worry.
Let's talk on Friday after the close. The S&P is only one point from Friday's close of 2477.
Remember... The trend is your friend but your heads up is much appreciated.
I'm predicting an October correction.