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Breadth steadily deteriorating


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#1 paulstan

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Posted 03 January 2007 - 11:49 AM

With the Euro markets holding up it seems like ours should sustain at least a short-term rally, but the deteriorating breadth makes me wonder.

#2 pdx5

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Posted 03 January 2007 - 01:01 PM

Breadth? Who needs stinking Breadth? :cry: :sweatingbullets:
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 paulstan

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Posted 03 January 2007 - 03:25 PM

I think the market speaks for itself regarding rallies with deteriorating breadth . . . big reversal today bodes for more decline in the nearterm, my 2 cents.