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SPX: 1 Of Year's Biggest Reversals

Published 10/02/2015, 03:26 PM
Updated 07/09/2023, 06:31 AM

I entered Friday 20% long only to find myself 40% long an hour or so before the close.

If you told me I'd be doubling my long exposure, I'd have thought it unlikely. But when you get one of the biggest reversals of the year, erasing a 30-point loss, and actually push for a finish in positive territory, well, that becomes another story.

Here's The Reversal

S&P 500

To say the least, that was huge! And it has the bears in full back pedal, covering shorts as fast as they can, driving this market rally even higher.

Original Post

Latest comments

Plunge Protection Team today, job well done - the "massive reversal " was far from organic.
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