Tuesday, October 4, 2011

And That's a Wrap: DJIA Up 153 (DIA; QQQ; SPY)

Following up on this morning's "Molycorp Lands on Support, Reverses and What it Says About the Market (MCP)":
...With the broader market at it's lows for the day (DJIA down 233, S&P down 21) we just might have a hell of a short covering rally coming up for the big dogs. ...
(Emphasis in original)

Chart forDow Jones Industrial Average (^DJI)

More tomorrow.