It’s a Melt-up!

  • Sick and tired bulls are taking no prisoners as they bid ’em up.
  • The day began strong and is getting stronger.
  • I put some money to work (GE, AA, XOM, PRGO) and would like desperately to hold on to positions.  But if they get stopped out, so be it.
  • By 2:30, if the market is strong it should close strong, despite profit taking by day traders.