Tuesday, October 18, 2011

Not much to say here

Just amazing to me that the bears could only muster about 7 hours of pullback before ramping this market again.

Volume is coming in higher than the previous few days, and the price percentage gain could be enough by days end to qualify as a Follow Through Day, provided we keep the pace up

Recognized it early (see previous post) but still a little bit surprised we couldn't even get at least a pullback to the short term moving average, never mind the 50 day, which I thought was going to be the case.

Possible scenario: AAPL pop after hours leads to a nice gap up that sells tomorrow?


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