SPY broke out of a triangle (when adjusted for dollar). But not confirmed by real value of financials and home builders. But, I'm not shorting anything anymore.
I'm pleased that gold and miners are not very weak in the face of raising dollar today.
Since dollar is outside the BB today, I'm betting it will come back to earth.
revisit day low, this is where those aggressive dip buyers usually come in, wait to see. higher low then sharp rebound then bears are over again.
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it's a bull trap, but bears need push down further to avoid double bottom. today bears see some hopes.
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~14 million shares were matched to open TWTR on the first minute
Now volume is 52 million shares total (and growing) in the aftermarket
OFF TOPIC:
VXX will reverse split 1-for-4 tonight
“The reverse split will be effective at the open of trading on November 8, [tomorrow] 2013” http://www.ipathetn.com/static/pdf/10-2 ... elease.pdf
[The VXX was off 61% YTD as of yesterday]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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