re: dow above psychologically important 11,000. I cant see things magically improving just from one short-covering rally. IR is now a problem with such strong data out last night. Bonds rocketed.
It seems that when all the shorts are covered who is left to buy? Be rather suprised if Monday was positive.
At best sideways.
You long Goblin?
On the other hand "if" S&P was to break 1300...well who knows you may just be right. Always helps to keep an open mind of the future - still no definitve signals either way until we have a new high or low.
Chris
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re: dow above psychologically important 11,000. I cant see...
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