Friday, December 20, 2013

One More For The Road

We thought our love-fest last night was it for the year, but today's action warrants a post tonight.  Thank you all for the reciprocal acknowledgements : )

I'll be darned if we didn't nail the layup trade higher today!

Volume came in hard today -- so much for a coma Friday.  Geez.  Amazing!

The market printed the biggest initial balance volume print of the year -- if not multiple years.

Only 5 days all year NYSE volume greater than today's end of day volume.

Told you that the programs would strike : )

Volume like this could indicate a fresh auction higher out of balance.  Or be suggestive of a whole bunch of laggards piling in at the wrong time.






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