SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (3789)10/21/2014 11:00:11 AM
From: Return to Sender  Read Replies (1) of 8239
 
Popped right through that 200 day sma like a knife cutting butter. My real concern for the bulls is that market breadth needs to strengthen considerably. If you're bullish on the market future then you want to see the number of new highs in the market expand considerably if the market is going to continue on to higher highs.





The expansion of new lows at the last market high foreshadowed the impending decline. The market continues to rally on weak volume. The number of new lows is falling as one would expect as we move off a trading bottom. But that's all this is in my opinion unless we start seeing lots more volume and new highs.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext