Hey Folks: Market Breadth is firming up today. I think we have quite a bit of buying at this levels. No big rebound, so the jury is still out on whether we head up higher from here.....
Barry
Market Breadth is firming up today
Started by
qqqqtrdr
, Jul 27 2007 09:43 AM
1 reply to this topic
#2
ogm
-
- Traders-Talk User
- 13,780 posts
Member
Posted 27 July 2007 - 09:52 AM
Hey Folks: Market Breadth is firming up today. I think we have quite a bit of buying at this levels. No big rebound, so the jury is still out on whether we head up higher from here.....
Barry
Its very important how we close. Untill the last hour it will all be just noise. Seesaw. Will the breadth close up in the last hour on Friday after the strong selling week.. thats what I'm watching.
Another important part is the high yield stuff. If they are done puking it out, and starting to buy, then the market will firm up too.
Edited by ogm, 27 July 2007 - 09:55 AM.
