Marketgeometry

Wednesday, August 8, 2007

Wednesday Morning Thought 8/8/2007

Last night was crazy. I have lived in NJ for 20 years now and I do not remember a storm like we had last night. The amount of lighting was incredible. For about 20 minutes it was like the nigh had turned to day because it was so bright with so many flashes of lighting. We lost power for two hours and winds were insane. Before we had strong winds and tons of rain, but this was the first time in a longtime the lighting was this crazy.
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We have rally in the market were we are getting close to the 50% retracements of each of the indexes. The Dow is leading the pack. Day should be interesting.

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