Friday, July 27, 2007

Its a top, but is it THE top?


Today it looked like the market was going to take somewhat of a breather until about half an hour before the market closed and Bam! That was the fastest, hardest end of day sell off I've ever seen and it resulted in all the indexes closing at their lowest levels of the day and the week. The daily charts are all now broken badly and many stocks look like death.

1 comment:

SpearDriver said...

http://www.marketwatch.com/news/story/weeks-rally-dead-cat-bounce/story.aspx?guid={29E00779-A474-43DD-99B1-74C8B8A65314}&siteid=yahoomy