Finished all the things I'd been busy with and now have a few minutes on hand. Just wanted to add a few lines in regard to why I think Friday's close was a promising close.
In my mind I picture the bull & the bear having a game of rugby. Friday's candle stick tells me that the bull had successfully taken the ball and started the run. The bear then tackled the bull to the ground. People look at the tackle and say that's terrible. But to me, the bottom line is the bull still has the ball.
BLY Price at posting:
$3.20 Sentiment: LT Buy Disclosure: Held
