Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (4532)	11/11/2008 8:07:56 PM
From: RockyBalboa	Read Replies (1) of 6370

Rate cuts don´t work, stimulus doesn´t work. When I awoke in the morning, the position was gone (through a stop, ugh) and the HSI and HHI closed deeply in the red. The miracle lasted only a half session, after the chinese lunch, sellers took over and how. The headwinds did not lie, don´t fight the tape... Per now the HHI is indicated further down, at 7000 flat, the HSI off 400 points to 13.6, and I have no intent to buy something. Maybe, after lunch. Remember, this is a bear market. ...

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