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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (173713)11/20/2008 1:44:55 PM
From: The Freep  Read Replies (1) of 209892
 
I know you like figuring out the net intraday moves on the SPX since they've become so huge, and I've been watching GE today with the same eye -- down 13% then a 15% rally and now already a 5% decline from there. This from a sedate widows and orphans stock!

Retailers and semis leading the market to the upside. That's not my preferred for a big rally, just so you know, though I do expect the semis to bottom before the market as a whole since they have just been abused.
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