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They have held this up all day and it's evident it will end very
strong. Now.. the fact is that what was reported today solves
NOTHING. But it's a pretty good bet that it keeps Wall Street from
freaking out about
Slop and chop.
As I said earlier, I "think" this market is going to try and stay
green, but it's quite a struggle. The NASDAQ did dip red, while the
DOW and S&P are being propped up.
I have had a mixed
So, they've held us up all day ( so far) although we're well off
the days highs. Remember what I said about the buy in areas and how
if the market sagged they would probably pull down too? We've seen
it in most stocks today.
I guess you noticed how "cautious" I was this am over the market
being up so big. Sure enough from up 100, the DOW was up just 2
points a few minutes ago. Now they've simply brought out the
I repeat... this is NOT just normal market action. This is NOT
just your every day market slide. This is something
We are witness to some very big outfits that are so desperate to
raise cash, that they've decided to sell
Well this is really interesting. The morning stunk as they
couldn't keep the averages from rolling over. I continued to watch
the gold and silver market, and it looked to me like the bulk of
the selling was over, so just as I was opening the email
Well, it's been a long grinding day, and the best they can say is
that "we're off the lows" which is indeed true. Not long ago we
were down 306 points and now we're down 260. We were down just 240
a few minutes ago.
So, I sold out of the MRVL, and snagged 14.99. Okay, so it's not
much, 30 cents on 800 shares, but it buys a burger. With the way
the market's acting, it sure beats holding until it turned
I'm now officially "out" except
A grinding day. We opened flatter than the futures suggested, and
held green for most of the hour. Then some slipping showed up and
by 10:25 the DOW as down 34.
You can feel the tension. They're trying to hold up, but it's
A low volume sell off, has the DOW off 98, which in actuality
isn't that horrible. Considering how they saved the market last
week, if we can hover around here, its still a victory for the
bulls. If not.. well, things could get ugly.
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