Will We Hold It Wednesday: Now It's May
By Phil Davis: Yesterday did not count. Until the end of day, the volume was low and, as you can see from Dave Fry's SPY chart, the morning pump was mostly erased by the end of the day. In fact, on the Russell and Nasdaq - it was entirely erased. What a friggin' joke, yet no one will investigate it and few will even question it. As we often say at PSW - We don't care IF the game is rigged, as long as we know HOW the game is rigged and get to place our bets accordingly. In my morning alert to members at 10:05, my comment on the move up was: Not too many markets are open so super low-volume means we can pretty much ignore whatever is happening. Some wild gyrations at the open already with Apple (AAPL) popping $10 to goose the Nas and they are spiking us upComplete Story »
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