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.
Breadth steadily deteriorating
Started by
paulstan
, Jan 03 2007 11:49 AM
2 replies to this topic
#1
Posted 03 January 2007 - 11:49 AM
#2
Posted 03 January 2007 - 01:01 PM
Breadth? Who needs stinking Breadth?
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
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.