Stock Market Head Fake
The supposed market rally, after the alleged murder of Saudi royal family member Usama Bin Laden, after analysis, is nothing short of a head fake. What’s my evidence? The complete lack of volume. This is nothing more than the big boys getting the news and placing their orders at the start of the day, hoping that retail investors will fall for the fake and buy in.
After about 2 hours into the day though, normal trading started to resume and prices started dropping. Any retail investor that fell for the head fake will be in for a rude awakening when the big boys pull the plug.
You have been warned.