LESS than 2% of stocks are riding ABOVE their 10 day moving average, we have had some HEAVY SEAS SELLING for several weeks, today was ANOTHER 90% downside day........many have switched to bear side....door is open for a rally attempt.
Should that NOT happen.....investor spych so damaged......anything could happen. We are taking note of all the 200 day moving avg's that have been pierced.....but they could be recaptured.
Tomorrow is options expiration Friday, and if they can shove it up the shorts ass tomorrow would be day to get it done.
A WOUNDED BULL running in the street can be dangerous....now IMHO is not to get careless....given the severity of today's selling, the big oversold readings.....market may take a breather....
D
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May
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- ONE WEEKLY CHART
- Barron's Online "Thursday's Rally--What Really Cha...
- MAY DAY
- BUBBLE UPON BUBBLE UPON BUBBLE
- Memorial Day Weekend POST
- ECRI WEAKENS and FED POLICY AIDED FAT FINGER CRASH
- LAGGING ANY KNOWN RECOVERY
- UPSIDE DAY
- WALL STREET REFORM A JOKE
- COLLAPSING M3 ALARMING
- US MONEY SUPPLY PLUNGES AT 1930's DEPRESSION PACE
- BLACK CAT DEAD BOUNCE
- ANOTHER DAY ANOTHER HEADLINE
- MONTHLY CHART
- 200 WEEK LINE IN SAND?
- A TIME TO RUN, A TIME TO STAND AND FIGHT
- RUN DON'T WALK TO THE EXITS?
- RECOVERY? BEAT EXPECTATIONS?
- PEAK IN DURABLE GOODS?
- TARGET AREA FOR BOUNCE
- BOTTOMING ACTION?
- MARKET ALERT!
- RED EYE AM MARKET TALK
- WATER TORTURE. MONDAY WRAP
- NEWS TO YOU
- TRADING THE MOVING AVERAGES
- TERRY LAUNDRY'S THEORY OBSERVATIONS
- LAST CHART OF WEEKEND
- UNDERSTANDING KONDRATIEF WINTER
- HAS ALL CLEAR BEEN GIVEN ON REAL ESTATE?
- (OT) BRAINBOX
- USING THE VIX AS A GUIDE
- WHAT TO LOOK FOR NEXT WEEK
- WEEKLY S and P VIEW
- LONGEST RUNNING BULL MARKET
- WHAT ARE BOND YIELDS TELLING US? Searching for CLUES
- MARKET WRAP. 10 MINUTES OF FAME
- CRYSTAL BALL OR PATIENCE?
- 3 CHEERS FOR THE BAILOUT. AM MARKET WRAP
- DOW LOSES THE 200 DAY MOVING AVERAGE
- HEAVY SEAS
- MARKET DEBACLE CLOSE
- LIBOR, LIARS, and WAR
- BULLS LOSE AN ALLY
- THE FORGOTTEN MILLIONS
- TECHNICAL CALL AND MARKET ALERT !
- DR. COPPER, PATIENT IS ILL
- CRASH IN YIELDS BULLISH.....FOR BONDS THAT IS
- LOOKING FOR THE BEAR IN ALL THE RIGHT PLACES
- ADVANCE DECLINE WARNING
- COLLAPSE OF PAL
- ROLLING OVER
- WHERE THERE'S A WILL THERE'S A WAY
- UNSETTLED
- DRACULA ECONOMY
- IS THE VIX SIGNALLING "CAUTION BEAR MARKET APPROAC...
- HOUSING REOCVERY?
- May Showers Bring More Green Shoots?
- HOHUM
- AVOID THE BIG HIT
- NOT SO SLICK
- US $ ROCKET SHOT
- OIL SLICK IN REFLATION GAMING
- TO BEER LOVERS
- SAT AM POST
- WHY SO SOFT?
- CAN MARKET BE MANIPULATED?
- FRIDAY MARKET WRAP
- MARKET ALERT. SELLOFF IN PROGRESS
- Improving Conditions?
- WEAK IN THE KNEES
- CHART OF THE DOW
- BEHIND THE NUMBERS
- ROBERT REICH
- HAS ANYTHING CHANGED?
- FOOL SOME OF THE PEOPLE, SOME OF THE TIME
- WHAT RALLY?
- CLOSEUP OF RECENT ACTION
- WALK AWAY
- CHINA BEAR?
- OIL SLICK, US $ AND GOLD GLITTER?
- HAS MARCH 2009 RALLY CONCLUDED?
- BAD MOON RISING
- INTERVIEW WITH HOWARD MARKS
- WHAT A DIFFERENCE A DAY MAKES
- UPSIDE EXPLOSION
- STRATEGIC DEFAULT
- JIGGY MONDAY
- REQUIRED WEEKEND READ
- STOCKS SET TO REBOUND
- HOT POKER IN THE EYE
- JOBS JOBS JOBBED
- CURRENT LIBOR RATES RAISE CAUTION
- CANARY
- WHAT DRIVES THE MARKET IS NOT HUMAN. PANIC THURS
- HEAR NO EVIL, SPEAK NO EVIL, SEE NO EVIL
- MARKET CRASH ALERT
- US $ has broken out
- WHAT'S WRONG WITH THIS PICTURE?
- WATCHING VOLATILITY
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About Me
- Marc R
- Baltimore, Maryland, United States
- PROFILE FOR MY 1 SOURCE BLOG: We have over 30 years of experience and the best resources available to bring you unequaled value and customer service. We look forward to helping you with your next project with our "Creative Office Solutions" #2 PROFILE FOR MY MARKET "HOBBY" BLOG I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
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