http://stockcharts.com/h-sc/ui?s=$TRAN&p=D&yr=1&mn=0&dy=0&id=p82466192234 CHART OF TRANSPORTS DAILY.
Just made a new LOW for move and is RED for the day, non confirmations can be deadly,
D
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Contrarian market commentary and economic postings.
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An ugly day for the markets IMHO, most may look at SPX and NAZ and say nothing much happened, but at one point the NAZ was up 2% !
I feel as I posted this AM the DRAG of the slumping Transports was too much to overcome, even with hypesters CSCO on the loose.
D
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