Doing my scans after the market closed on Friday, I found 1380 bullish engulfing patterns vs 52 bearish engulfing patterns today. Not a bad day. Now, does this strength continue Monday? I think so…and maybe a bit more than just one day.
Some weekend reading:
Was the so-called flash crash a fluke, or not?.
Timmy’s got our back? Geithner tries to reassure China over US deficit.
The markets have relationship issues. Familiar Patterns.
Happy Hour Is Over: Fox Business Network Cancels Dayside Business Program. I knew it couldn’t last long after Rebecca got married and changed to that gothic black hair style.




Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....



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