Wednesday, May 19, 2010

Ugly Ugly

Moe: I've been called ugly, pug-ugly, fugly, pug-fugly ... but never ugly-ugly.


Moe is ugly. Moe starts with "M". Market starts with "M".
Coincidence? .... I think not!!!

Is correction done today? Could be.

If this is the case, and a 38% retrace was all she wrote, then we should expect a massive down day tomorrow. Retraces within extensions are typically 23-38%. Tomorrow might be real ugly. (and not pug-ugly, but ugly ugly).