US market closing for Friday

Choppy....is the key word for the market. At the start it was up nearly 80 but after 45 mins it was way down south in losing by 50....then another moment it was up again showing even better gain as compared to the start....up by 100. By the last afternoon it was way down again.

I thought...SHIT, the same old last hour crash again. This was what happened to the last 2 trading days Wed and Thur in the States. Oh no...not again, luckily at the last 20 mins.....it turned around and head "NORTH". Man....the index was like crazy,
it can be up or down by 5 to 20 points in the up-dates. Just lucky looking at it to show a gain of 66 points for the DOW and 18 points for the Nasdaq.

While the declines vs the advances....still show more counters closing lower than higher. Hahaha....really a "dead mouse" bounce type of rally to me. Cannot say this is a dead cat....as this is smaller and weaker. In fact....the last minute buying is more for covering the earlier "shorts" or squaring trading positions. Still no complaint from me....better than a sharp fall like what happened during Wed and Thur.

For the market here on this coming Monday....look like we too will be having this type of rally at the start followed by a fall but ending the day with a better close.
A mirror finish....just like what happened tonight in the States. The market as a whole is already over-sold....but there is no trigger to turn the market around from present "correction" mode to a "up" mode. Maybe on Tuesday night....when the Feb released the reason for the last rate-cut on 31st Oct...then we may have a better insight to the trading. Still....my personal believe is that next week, the markets all over will be in better shape than this week. Sure...there will be up and down but at the end of the week....can show a gain then to me, it is a good week.

Hahaha....still the same old story of "only time will tell" whether my insight is right or wrong. Since I am fully in the market....would be great for a change if market shows a positive reaction to what happened this week. :)