Is it a bottom or top ?
Morgan Stanley issues triple sell warning on equities
Started by
Frac_Man
, Jun 06 2007 08:09 AM
1 reply to this topic
#1
Frac_Man
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Hank Wernicki M.A.
#2
qqqqtrdr
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Posted 06 June 2007 - 08:44 AM
Is it a bottom or top ?
It's a top... They want to buy but they want to buy at lower prices. The issue sell means a sell-off. They will probably start buying at the 50-day on the S&P is met.
Barry
