If they are going to take control, it should start from here on out.
Above today's high pivot, and bulls likely win the battle now.
Bears hold the line thus far
Started by
K Wave
, Mar 18 2013 02:42 PM
2 replies to this topic
#1
K Wave
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Posted 18 March 2013 - 02:42 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#2
PrintFaster
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Posted 18 March 2013 - 02:58 PM
Market is not ready yet.
QQQ showing relative strength
TBTF banks like BAC, C, JPM still near the highs
New intraday high on XHB today despite crappy builders report
Looks like more of the same, in that the U.S. consumer and big box banks always benefit from foreign crisis and are perceived as safe havens.
#3
ogm
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Posted 18 March 2013 - 03:10 PM
Market is not ready yet.
QQQ showing relative strength
TBTF banks like BAC, C, JPM still near the highs
New intraday high on XHB today despite crappy builders report
Looks like more of the same, in that the U.S. consumer and big box banks always benefit from foreign crisis and are perceived as safe havens.
QQQs is a dog. It was all AAPL today. Out of 100 NDx stocks 77 declines vs 21 advancers. How's that for relative strength ? Broader Nasdaq 800/1600 A/D ... 2 to 1 negative.
Edited by ogm, 18 March 2013 - 03:10 PM.
