Tomorrow?

  1. 7,424 Posts.
    lightbulb Created with Sketch. 152
    How will the market open tomorrow?

    The obvious prediction is that after a weekend of soul searching, the market will gap down as the weak longs decide they have had enough and rush to get their money off the table.

    But I am always suspicious of futures traders with cold nerves and deep pockets. Nothing would surprise me less that a sharp rally. The timing is perfect for such a trade. No one is expecting it, and there is sufficient fundamental justification for a run to look plausible. The free riding shorts will be swept up and have $20 an ounce taken from their wallets before they know what has hit them.

    After that? Who knows.

    These are just random thoughts. Do your own research.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.