Not since Summer 06' has the count been that high.... Not what you'd expect
http://stockcharts.com/def/servlet/SharpCh...=$nalow,uu[l,a]dacannay[de][p][i]&r=1577
209 Nasdaq New Lows Today
Started by
borland
, Jul 20 2007 03:38 PM
2 replies to this topic
#1
Posted 20 July 2007 - 03:38 PM
#2
Posted 20 July 2007 - 03:48 PM
Its the "Titanic" omen. We already had a couple Hindenburgs, now this one
We hit the Iceberg, and though the ship is still above water, its starting leak badly.
Next thing , is when people realize that the LBO frenzy is over, and the cycle has peaked, they will rush to the lifeboats.
Edited by ogm, 20 July 2007 - 03:49 PM.
#3
Posted 20 July 2007 - 03:56 PM
they will rush to the lifeboats.
... then, it will really remind us of the movie 'Titanic'!