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Well so much for that theory. I really thought the market would
open flat ( it did) and then run for half an hour and then dip.
Nope. It opened flat and just built higher and held. go
Well it looks like we'll live to fight another day.
I'm going to leave my positions on, with the stops I suggested.
Now this is indeed risky. We could get more bad news over the
weekend. I'm simply playing the odds that the Black
Well could today have been any more boring? We opened flat and
here 5 hour later we're right where we started.
Okay, here's the deal. I am traveling tomorrow because of the
Holiday Thursday. Therefore I'm in no really
Let's talk "gaps" for a minute
For the past few Monday's this has been the pattern: no bad news
over the weekend and they juice the market big time on Monday AM.
Most of the stocks you want to buy gap
Well this is really quite something. Ben Bernanke was giving a
speech, and for the most part it was pretty horrid. Yet because he
remarked again and again that low interest rates were here for a
long time, the dollar fell more and