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S&P 500
5,588.27
(
-1.39%
)
US TECH 100
19,296.00
(
-2.81%
)
Dow Jones
41,198.08
(
0.59%
)
Brent Oil
84.47
(
1.38%
)
Bitcoin
64,468.25
(
-0.96%
)
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lexi2004

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lexi2004

Re: chart_md post# 9734

Wednesday, 05/20/2009 8:50:23 AM

Wednesday, May 20, 2009 8:50:23 AM

Post# of 10656
Correct me if I'm wrong, please; but it seems to me I read somewhere that when utilities are doing very well it indicates a market top. If so, look how utilities are going...

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=msummary&cmd=show,iday[Y]&disp=SXA

BTW, agree with you that we are on the brink of a big drop that will be more than just a few days. Can't believe BAC is up after announcing additional dilution yesterday. Don't you love it when one loser bank upgrades another?:)

Lexi
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