Wednesday, February 15, 2012

KEY REVERSAL IN APPL LEADS MARKET DOWN


One key point to make about todays market "selloff" is that it lacked little vigor, only 66% down volume, by far not a true conviction that market is ready to change trend in the ST. Let's see if any follow through and any pickup in volume.
SPX 1350 area was good excuse to take profits.


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