Wednesday the SEC is going to introduce some new legislature to curb short sales. Awesome!
I guess there's nothing wrong with one bubble popping and another one creating. I think there is a very old saying like that, right? When one bubble pops, another one is blown up! Hmmmmmm. In honor of Passover I give you - OY VEY!
Monday was a very choppy day, other than the late day bounce on no volume every up move was faded and every down move was faded, which makes it hard to catch any real moves. I would look for us to get a more pronounced move Tuesday. I honestly can't make a strong call here. I'd have to lean long, but into AA earnings we may get a selloff into the close, so I really am unsure. I do think we should get a pop on the short sale stuff if they start banning some stuff. Bubble trouble indeed!
Again, thanks for all the well wishes, sucks, I am really struggling, I still have this concussion I'm dealing with, and starting physical therapy. In the meantime, I would wait for better clearer direction before jumping in either way. I can see us getting a very nice move here before we get drawdowns of any significance, though.