I’m worn out from this wild action…
What’s right isn’t always popular. What’s popular isn’t always right. – Howard Cosell
I’m worn out from this wild action. But we still have 3% of the trading week left, and who knows what the heck that last hour of the week will bring. Will the bears scramble to cover before the weekend? Or will the bulls give up the little gumption they finally found?
I’m done trading for the week unless the market makes some crazy 2% move in the last hour one way or the other (I’d be a buyer lower and a seller higher).
So sports fans, unless things get crazy between now and the close, I’ll see you next week for another wild edition of ABC’s Wide World of Sports.