Saturday, August 01, 2009
Saturday Rock Blogging: You Can't Touch This
I see a plethora of inverted hammers and gravestone dojis on the Thursday and Friday candles of many charts, like on IWM above. I really don't see how anyone can touch this market on the long side.
Disclosure: I own IWM puts.
Labels:
Hammer Reversal,
MC Hammer,
Rock Blog
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1 comment:
Pyth hope your puts work out well, I also believe this rally is a little overextended and a correction is due any time. Long Puts on USO.
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