THE CLOSER
The markets close just as the guy on the left sends one into the left field stands. Enter Sandman and we will see if he can close the deal.
The markets had an ugly day as the market internals were about 3,000 to the red. I do not know how many folks have picked up on it, but the SMH only lost twelve cents today( the first to turn)? The Volatility Indexes came through with enough fear to give buy signals as did the low price on the index ETF's. The IWM took it on the chin the most and now sports a 2 day RSI of 3.4.
I think we get the bounce tomorrow but I also think we get a probe lower which may shake out some weaker holders.
posted by DAVID at
4:10 PM
3 Comments:
It'll be interesting to see if this is just a pullback or consolidation, vs. something more meaningful like an election year swoon or seasonal selling.
We're due for a bounce, which this week might just be profit taking by da bears.
Muck- I agree- am nervous about my buys- but when the signals say buy I usually find they are correct-
Best regards from NY!
International business card diazapem diazepam prescription Diet+pills+didrex Sd car insurance Where can i buy business cards online 3 chase stationery lamborghini mountney angel stationery your ultimate angel stationery resource gardiner stationery Slow recovery of vision after cataract surgery
Post a Comment
Subscribe to Post Comments [Atom]
<< Home