... legs??
... if only because it's being pretty much universally accepted on the Street (out here anyway) that it's not going to last, the US is still in deep sh1t, Asian earnings are still going to slide, redemptions are brewing in the colon of giant mutual funds and hedgies alike and there's another major major leg down just round the corner, etc etc.
So... a perky start to the day, on decent volume, mostly retail + short covering with a buncha long onlies reportedly promising to pull the trigger on a rally... and now, around noon, looking decidedly less exciting. The TOLDYASO crowd will be out in full force this lunchtime, but...
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(And yes, I did almost go blind to this video a quarter of a century ago.)
Monday: New Home Sales
4 hours ago
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