Okay, okay, I know Groundhog day was yesterday, or .... was.... it? The market is bouncing up again as we predicted in the EminiEdge post "Sitting on an Edge" post after having a doozy of a rally. Our S/R levels served us well today and we were able to scoop up about 20 points for our trouble in the initial downtrend, fast and furious like. The shakeout move was more violent than I though but they wouldn't be a shakeout if they weren't uncomfortable. This seems to have set up a substantial reversal day as indicated by the price and the volume of the professionals buying it up. If we don't crack up in a big way, maybe we'll get us another zebra? Hope not. One of those interesting days when my bias started out short, then switched to a strong long. Ahhhh,,, If they could all be as volatile as today... Hope you got a piece of it...
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