Whether we gap up or down tomorrow morning depends on what happens in Europe.
Is this a double bottom or do they drop further? Who knows, indicators tell me nothing, and they haven't worked lately anyways.
We'll find out in the morning.
Longer term, I'm very bearish. We're talking recession here, and the market isn't priced for one yet.
Is this a double bottom or do they drop further? Who knows, indicators tell me nothing, and they haven't worked lately anyways.
We'll find out in the morning.
Longer term, I'm very bearish. We're talking recession here, and the market isn't priced for one yet.
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