Tuesday, May 25, 2010

Market In Trouble

This market is getting ready to do some deepsea diving later today.  The initial trading reeks of weakness and we probably need to get down to 1020-1030 before we can bounce sustainably.  Any bounce from here will be sold the next day. 
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2 comments:

  1. Anonymous5/25/2010 10:37:00 AM

    whats this were doing now snorkeling

    ReplyDelete
  2. Market Owl5/25/2010 11:36:00 AM

    Yes, snorkeling. 1020 is deep sea diving. 980 is deep water oil drilling.

    ReplyDelete