Yesterday's action, with the bounce in the AM and selloff in the PM, was really ugly.
The pop in the futures this morning may be real, but make it prove itself.
I haven't said it for a long time, but this is a good day to remember the Trader Mike Rule #1--i.e. wait to buy above the 10 AM (eastern) high, to make the rally prove itself.
Thursday, April 21, 2005
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