Greetings to all,
The Psychology of the Call team’s abrupt change to bullish is playing out: congratulations to those who took appropriate action. IF the S&P can muster a close above 859, our short term bullish thesis would be 70% in tact; but IF the index were to close above 867 today, then we would not hesitate to hold most long positions even into Thursday's weekly unemployment numbers.
The circumstances behind this move are 90% psychological, related to...
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