So we have a 3 day losing stretch here in the markets. I would not get overly bearish yet as the bulls will NOT give up without a fight. More than likely we test 876.50 overnight or tomorrow and that might give us a bounce.
There is a possibility if the selling accelerates we can get down to the 854 level which was resistance on the upside, let's see what shakes.
Wednesday, May 13, 2009
Bill Seidman Gone
Personally I think he was one of the only true guys in the financial arena. Goodbye Bill you will be missed by many.
MARKETJEDI- Prayers out to his family
MARKETJEDI- Prayers out to his family
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