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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (173661)	11/19/2008 1:16:18 PM
From: The Freep	Read Replies (1) of 209892

Yes, it is impressive with the financials (and brethren GE) taking out yesterday's lows. Oh yeah... and the RLX setting a new yearly low. Frankly, it's not clear where the strength, such as it is, is coming from... or why! If it weren't expiry week and if we weren't so oversold, I'd be pretty confident that we turn here and sell off the rest of the day. As it stands, I can see that happening, wigglewise, and it seems most likely... but it'd have to start soon or we're in jello city still.

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