Stampeeeeede!!!
Stampeeeeede!!!
UPDATE 10:00am EDT: There ya go – the bulls are out of the gate:
I saw some of you rats trying to short this sucker and thought to myself ‘I hope they get out quickly’. I guess we’re having the Blue Plate Special today. If 830 doesn’t hold next stop is the 850 – 860 region – watch that long term diagonal, which I will explain shortly. After that we’ve got 880, which is roughly the 23.6% fib line of Primary {1} of Cycle wave c.
UPDATE 10:19am EDT: You guys need to read this – Barry Ritholtz and IRA have been investigating AIG and allegedly found a lot of dirty laundry. The first link is K.D.’s interpretation and the second one is to Barry’s original.
UPDATE 10:34am EDT: Okay, I promised to explain that diagonal – I have it right here:
Oh, and just to rub it in – Zero subscribers just enjoyed that little drop to the downside. Perfect entry & exit 🙂