Traders Are Nor Afraid Neither Stupid

January 2nd, looked to be a great day for many traders, the Dow closed above 9,000 and it was a good start, bull market and looking for a prosperous 2009, then something went wrong for the last 4 weeks and the Dow got many times under the 7,000.

Yesterday, a midday drop in the dollar has led to a shy rally in stocks.

Traders are nor afraid neither stupid, they are just poor. They spot patterns. They do it again. They do it until…it doesn’t work again.

The bulls game plan for a rally. Let’s see !