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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (4958)2/20/2009 2:40:48 PM
From: RockyBalboa  Respond to of 6370
 
odd.. I found the selloff so far, pretty orderly much like one of the usual stock liquidations. The sudden liquidity injection screwed things up...Now you again can´t really buy stocks...

The SKF is perhaps closing red though... SKF selling drives stock drives SKF selling. This stuff has a purpose. Its volume is not retail, it dwarfs the $ volume of many of its constituents. Even if it is not closing red today, the SKF chart has yet another ugly top formation.