an TSionna 03.10.09: Nice Rally

Nice rally yesterday. Market still has the potential to move higher as we are statistically very oversold. I would like to see any of the following happen today.

1. Stocks rally hard and stay higher all day. That is I don't want to see a big move higher on the open with sellers coming in almost immediately to sell it and knock it back lower.

2. Market sells off at the beginning of the day and then mid-morning starts to trade higher. That would tell me that buyers want to own stocks on any weakness at this time.

3. Stocks trade flat most of today and absorb yesterday's gain.

What I don't want to see is a sell off that gains momentum throughout the day!