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RULiquid

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RULiquid

Re: None

Wednesday, 02/08/2012 8:48:31 AM

Wednesday, February 08, 2012 8:48:31 AM

Post# of 84
Overbought market due for a correction
Commentary: Prepare for a sharp, but short-term wave of selling
MORRISTOWN, N.J. (MarketWatch) — As much as I like the intermediate-term picture, where nearly all of our indicators remain bullish, the overbought condition that has been created is reaching the stage where – if it’s not alleviated soon – it could result in a gut-wrenching drop that can wreak havoc on portfolios and, more importantly, on psyches.
http://www.marketwatch.com/story/overbought-market-due-for-a-correction-2012-02-07

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