October 30, 2009
– Comments (2)
Fundmanagers taking profits from biggest gainers so far and moving into tomorrow's biggest gainers.
Its called rotation. Nothing to fear but fear itself.
Its pretty naive to short ahead of ISM readings on Monday & factory orders on Tuesday.
Nov 02 10:00 ISM Index Oct 54.0
Nov 02 10:00 Pending Home Sales Sep 1.2%
Nov 03 10:00 Factory Orders Sep