Monday, November 2, 2009
High energy day
Usually when a downtrend runs into support, a battle takes place between the bulls and the bears. There was good volume, good volatility, and the market made slight gains. It felt like a market that was exhausted on the sell side. A short term bottom is right around the corner, something that might last a week or so. I will look to buy weakness in the morning tomorrow. I have no opinion on gapping up or down.
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