Wednesday, July 23, 2008
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Welcome to Stock Geometry! This casual music and financial blog typically involves posts of music videos and candlestick stock charts looking at intermediate term trends. Think MTV meets CNBC. My positions fluctuate, but I’ll always disclose positions in posted stocks. You are responsible for your investments! – Dr. pythagoruz
1 comment:
Final daily chart shows increased volume as XLF reversed and closed red below that 50 dma:
http://stockcharts.com/h-sc/ui?s=XLF&p=D&st=2008-01-23&en=2008-07-23&id=p44020778176
Thats a pretty bearish signal, I'd expect heavy selling over the next week or so.
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