Friday’s going to be interesting. We had such a crazy final-hour rally at the end of today that we could actually rally going into the weekend.
On the other hand, lots of traders will be thinking, “There’s a better chance of net bad news coming out over the weekend than net good news, therefore I should lighten up on risk.”
As usual, I have no idea which one’s going to have a greater impact on trading on Friday. Asia’s totally sh*ting the bed, so it’ll be… interesting.
I ain’t no trader man, but as a bear these last few weeks have been fun to watch.
