Wednesday, November 9, 2011
Nasdaq
Can't believe the selling the nasdaq put on today but when you got Apple down $10 what do you expect.
Searching for lower prices
Got a small bounce but loks like the market wants 1235.. Huge question is if we hold there for we head lower.
Markets again negative for the year.
Cracked
Market getting cracked here- Amazing how sentiment has changed within a couple of hours. Market is fragile real fragile maybe it will be a buying opportunity but new lows after first hour is not good and we would need to get new days high after lunch to negate this selling
News Driven
All News Driven here- after yesterday's bullish close we are down over 30 S&P points before the open. I have to definitely echo the sentiment of many managers this is the most difficult market I have seen ever, I guess for once I agree with the talking heads like Cramer etc .
When will this phase be over who knows
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