- Today: Unemployment number was bad but did not exceed expectations. Nonetheless, we started the day with a selloff at the open. The low of that selloff acted as a nice support all throughout the day until the final minutes of trading.
- Monday: I was very tempted to enter long side trades in the very last minute. I think the market will rally nicely next week. In fact, I think Monday's candle will engulf today's candle as we start to reverse back up. However, this is based on my hunch and I can't defend it with any definable reason. Just a feeling I guess.
- Currently: Long BIDU, AAPL; Short None
Friday, January 9, 2009
R.C. Market Report 1.9
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