I listened to people all day deny what was happening today, as the market rallied. That is exactly what you want to see at the start of a rally. While this rally may not be perfect, it is a rally none the less.
There are lots of charts to scan tonight that have very nice price patterns. This is a good thing to also see at the start of a rally.
I will try to post more later but I doubt it. Tonight is Halloween and if you have never been to Maui you will not understand why I will not be around tonight. Halloween in Lahaina is the "Mardi Gras of the Pacific." Tons of people walk Front Street for six hours showing off their costumes while partying their behinds off. It is an experience.
So maybe I will be back to give more in depth commentary later. But the odds maker in me prices that at about a 18% chance of happening.
New Swing Longs: CIB MRGE EDS CTLM EAGL SHOO BKHM
Longs Outpeforming Market: ASF-145% BTUI-77% BRLC-68% THOR-46% MESA-32% SRLS-31% AAI-28% HITK-26% NWRE PAY CAMP ANST RAIL SAY TWGP RLI SIGI AAPL ABAX EFII
New Swing Shorts: NONE
Shorts Outperforming Market: NONE
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