Will it turn into a huge bear market or not, no one knows. But these charts aren't turning around any time soon.
I'd say many many month untill they stabilize and will be in a position to turn around.
Edited by ogm, 10 July 2007 - 06:08 PM.
Posted 10 July 2007 - 06:07 PM
Edited by ogm, 10 July 2007 - 06:08 PM.
Posted 10 July 2007 - 06:29 PM
Posted 10 July 2007 - 07:41 PM
Edited by Jnavin, 10 July 2007 - 07:42 PM.
Posted 10 July 2007 - 07:44 PM
Posted 10 July 2007 - 07:45 PM
But Bear Stearns surprises by failing to take out its previous intraday low.
Posted 10 July 2007 - 07:57 PM
>The market is rotting <
ogm Nov 14 2005, 04:13 PM Post #1
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While everyone is mezmerized staring at the Nasdaq and GOOG tickers, the broad market is erroding.
NYSE A/D line very weak, 2 to 1 decliners again, down volume already higher the Friday and worsening by the minute. Summation on daily slowed down to the tiping point. One more day like this and it rolls over again.
There is a lot of distribution under the surface, while shiny things getting dingled in front of everyon'es noses. <
no disrespect....but as i recall...june 9 2005 was WWW..........
strange ...today google was up and is now 250 pts higher since 6.9.05
Edited by ogm, 10 July 2007 - 08:01 PM.
Posted 10 July 2007 - 09:35 PM