5.16.2006

NOT A PRETTY PICTURE


The news that I did not want, a lower low on the number of stocks trading over their 50 day SMA. This does not bode well for the markets and I will be looking for exits on my ETF's if there is substantial weakness over the next few days.

1 Comments:

Anonymous Anonymous said...

Great blog. I appreciate it greatly. It's tough to get caught leaning the wrong way. Happens to the best.

We may get a fall out today, and then again we may get a run up. Be careful and rational with your trades.

Good luck.

7:28 AM  

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