Just thinking outloud

Remember the late day rally on Friday, I commented on it and said I only see one reason for it, to lock in longs for a drop on Monday which happened. Then we have today's late day rally, judging by volume, retail took it hook, line and sinker while we were adding our shorts back. After hours, Italy is downgraded and the Euro and futures plummet. Remember in my last post, I showed early accumulation and said, "they planned this rally in advance, it didn't just happen". All it takes is 1 mid-level person from the Italian government or Standard and Poors, who wants a huge pay day, to tip off Wall Street.

This is how corrupt this market is.