...as of monday...
it's not a trade i would recommend following necessarily since there is very little technical confirmation....i'm just betting on inflation (or recovery) driving the markets much higher from here.
so far, i've noticed a lot of market strength into "bad news"...that's also not a great sign for shorts.
i'm hoping the overhead resistance holds us at or under 1000 through this spring/summer and fall brings a reckoning again....maybe i'll get lucky earlier with all the equity raises/dilution in the financials.
good luck
ug
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