Just Before the Close on Friday...Coming The Shakedown Part II...

I can tell by at least one of the comments that some may have not fully understood what I was saying on Wednesday.  So, I will be back with what I will call The Shakedown Part II to clarify the difference between a "Fill the Gap" and a "Shakedown."  If you sold out after the Bernanke comments you were a victim of the "Shakedown."  The selling that filled the Gap Wednesday morning was just normal action bringing price back to Tuesday's close and was totally unrelated to the "Shakedown". 

If a "Shakedown" hadn't occurred the market could have easily closed near its open or higher on Wednesday.  It didn't.  Why?  The "Shakedown."

Now two days later, it might be sinking in why my on the road post was important.

Yesterday I flew into the future at arrived at Friday afternoon while it was about midnight depending on your time zone.  Right now the market is closing Friday afternoon and I am still in the future 5 am Saturday morning.  So, yes I can actually see the future from here...

I'll be missing the Weekly Wrap...so have a good time and let me know how it goes.  Watch for my post recapping this week's action!