Friday, August 13, 2010
Four Straight Gap Downs
Something is very peculiar here. There has been a sea change in market action and it is not something that should be taken lightly. I gave the bulls the benefit of the doubt but now it looks like this selloff will not be the 3 day variety but should last till at least Tuesday. I am looking for early strength and midday weakness.
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1 comment:
EWZ, X, WLT, CLF, etc are telling me this market wants to rise. They're all trading higher or unchanged in pre-market.
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