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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (6036)10/21/2008 8:03:19 PM
From: Jack Hartmann  Read Replies (2) of 6924
 
A little more down that I owuld have liked, but still less than Monday's gain.

DJIA 9033.66 down -2.5% -231.77

S&P 955.05 down -3.08% -30.35

NASDAQ 1696.68 down -4.14%-73.35

Put/Call ratio 0.87
Under 0.40 is Very Bullish sentiment, 0.40-59 Bullish, 0.60-0.79, Neutral, 0.800-0.99 Bearish, Over 1.00 Very Bearish. When many are bullish, this may be time to take profit.

VIX 53.11
When it runs below 20, usually a good time to take some profits. If above 35, good time to buy.

Sector Watch
Breakout of the day
$RXH Hospitals 327.45 +4.55 +1.41%
For some reason, people feel this and the drugs are the safe sector. Sorta like they said this about KFT and PEP a month ago.

Collapse of the day
$XAU Gold 85.65 -9.41 -9.90%
Commodities have getting cheaper each week.

Crude $71.31
Nat Gas $6.88
Gold $773
Silver $10.11

GS, GS, and WFC were the greens. Portfolio down 2.34% today.
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