Tuesday, April 14, 2009

AFTERNOON UPDATE

I have been seeing some divergences on my charts that said rally needed some rest, with Goldman Sachs NEWS out this AM (earnings) the negative tone so far may be worthy of note.

Prices had peeked out of my downtrend channel.....but now have fallen back into that channel.

CNBC and friends continue to trot out the BOTTOM CALLERS...............it ain't gonna be that easy folks......this is the mutha of all bear markets, IMHO

Let's see where prices find footing.....8,000 on DOW seems less important as prices bob up and below.

D

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