When Bulls AND Bears Get Suckered

The DJIA tout explains how yesterday’s refreshing selloff took traders by surprise. It will be interesting to see which is in command, bulls or bears, as the week draws to a close. But if stocks close on a sharp rally, don’t necessarily assume that it is bulls who are  in the catbird’s seat. More likely is that they will be as as fearful about what Monday might bring as shorts who have been wrung out by the rally.