You are reporting the following post to the moderators for review and possible removal from the forum

fisky
RE: Down goes the Dow

Maserati wrote:

DJIA down 75 so far today, after an initial surge. Still doesn't amount to anything definitive, one way or the other.


Agreed. DJIA up 38 now... still nothing definitive. This is a good time to sit back and wait. A close above 16323 followed by a second day above 16232 would be a short term bullish trading signal.

OTOH, the $COMPQ is looking increasingly weak with a new low YTD. I wonder if the big rebound from the intraday low is a short term reversal? Let's see if the bounce holds until close.

Hit the submit button below if you want us to review the post.

If you feel this is urgent or want a reply, email us at [email protected] about the post and please include a link to the thread the post is on and what page number/post on that page it is.