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- Apr 30, 2011
Wall St pls
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be aware a reverse split in UWTI is possible and even likely if oil keeps selling off
I don't see the market bouncing much until the Fed announces they won't raise interest rates and the bounce won't last long. DOW is down another 400 and expected to open around 16000Charts are broken but I won't get biased one way or another. Gonna just trade the price action. If we do bounce I don't see it sustaining much. Prob just enough to put in a lower high on daily charts.
It will get ugly. Short city right now thoughYeah this could get really ugly. Looking forward to an exciting trading environment.