OEX hit 1.80 this morning, which accords with the idea that it's heading to 1.93 this week.
I notice there's a selling panic on right now (lunchtime Tuesday). Sellers had piled in above the market overnight, excited by the sudden price rises. There were too many of them, and when the price blipped down and filled our nice little overnight gap, several of them - thinking they were about to lose their long-awaited profit - panicked and dropped their prices.
That of course forced the price down further. We're now at 1.65. I imagine the spasm might end about there, and that - given that nothing fundamental or technical has changed - OEX will proceed on its merry way to the 1.90s.
OEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
