St Paddy's Day Market Observations
Nasdaq pre market volume spiked to over 100 Million from 26 Million on quadruple witching day. NYSE & OEX at new highs.
We are in a topping pattern, institutional money is still willing to prop up the market while smart money is passing shares to dumb money at or near the top.
How much farther we bounce up, who knows? How far it craters when the heavy money refuses to prop it up and the dumb money gets the rug pulled out from under it, who knows?
We are in a topping pattern, institutional money is still willing to prop up the market while smart money is passing shares to dumb money at or near the top.
How much farther we bounce up, who knows? How far it craters when the heavy money refuses to prop it up and the dumb money gets the rug pulled out from under it, who knows?
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