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A Run for 842?
Nov 24, 2008

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Tim Knight

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I'm heading upstairs with Mrs. Bear to watch the new episode of "24"; as of this writing, the ES is up a hearty 15 points, and I reversed my short position to a long one. I've spent all weekend ruminating about the markets, and frankly I think a robust rally would be fantastic for all concerns, bulls and bears alike.

I still think there's going to be one more low made this month before we honestly and truly head higher in a big way, but in the interim, I think this mini-rally makes sense. See you in the morning.


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