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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (1324)7/9/2008 5:37:31 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 3209
 
in that vein, how about the bkx. no matter how much viagra, that pup can't touch itself at 60 even intra day. big problem there. and it's been leading. which when you look at the number of finanacial stocks now in the spx... that's not a good thing.. at least from a common sense pov.



To: AllansAlias who wrote (1324)7/9/2008 6:32:43 PM
From: Jack of All Trades  Respond to of 3209
 
Using a weekly chart I would think that even if we closed below on Friday, there is a good chance of a back test in the next week. I always like a couple bar confirmation of a break.


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