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Strategies & Market Trends : Classic TA Workplace
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To: Patrick Slevin who wrote (138293)11/8/2006 9:12:48 AM
From: skinowski  Read Replies (1) of 209892
 
For now, they are selling it pretty hard. Moods change - who knows, maybe all this is just repairing the wall of worry... But it could be a start of a serious downturn as well. A-D lines have been diverging for some time... SPX is playing with the upper line of its multi-year channel... commercials have been pushed into a rather large bearish stance... We'll see.
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