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Tuesday, October 28, 2008

Rally doing the slow fade here as we were up 300 on the down and 7 on the mlp index and then came consumer confidence and we are now up 170 and up only 2 on the mlp index. The tape has such a heavy feel to it that it makes it hard to imagine we are going to hold this. But we can't give up hope...or can we?

1 comment:

Anonymous said...

These gap opens are foolish. There are so many trapped longs that every rally will be sold.