Tuesday, June 07, 2011


Todays rally fell apart at the seams into the close, actually was a downer from 2PM on and closed on the lows. Stocks above their 10 DMA fell below 10% again today and the door is open for a short term rally.

The action following a 90% down volume day was so uninspiring, it is hard to suggest prices have fallen LOW enough to begin a "sustainable" rally.

Topping sign abound but nothing is confirmed as yet, go with the flow.....after short rebound IMHO that's going to be down.


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