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Tuesday, July 27, 2010

07/27/2010 After Bell Quick Summary

Ugly daily chart as the market opened high then closed in red forming kind of so called bearish reversal day, but who cares anyway, looks to me that many people believe the mad cow is now back, so any bearish signals could be discarded. Well, all I can say now are if this still is a normal market, then a little bit bigger pullback should be imminent.

A little little little little bullish biased toward tomorrow, because seasonality is generally bullish for tomorrow but not so bull friendly after tomorrow and after after tomorrow.

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