I dont have strong feeling about today. Breadth has improved and is now only 2:1 negative but there is still too much call buying.
The knee jerk reaction is to buy on the European woes because buying on Dubai was a smart move. If those buyers are unsuccessful the last half hour could be ugly.
2 comments:
Hello Tsachy
Do you have any explanation for this intra-day rally ?
Do you have any gut feeling for the last hour ?
Thanks
I dont have strong feeling about today. Breadth has improved and is now only 2:1 negative but there is still too much call buying.
The knee jerk reaction is to buy on the European woes because buying on Dubai was a smart move. If those buyers are unsuccessful the last half hour could be ugly.
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