Thursday, April 10, 2014

Crushed Buyers

Dang, out of the office on a fantastic liquidation day.

Our all too obvious long nod from yesterday was well overdue to be crushed (and oddly, I did note this fact)!

I would like to think that if at the desk, this would have been a stellar day.

Today could be a watershed downside event.  But, still, price is only a minor low of the daily range.

The nod goes to sellers tomorrow, and it could be punishing.  Or if the low of the range triggers buy programs, short inventory might find itself very uncomfortable once again.









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