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ari5000

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ari5000

Re: None

Friday, 06/11/2010 9:16:58 AM

Friday, June 11, 2010 9:16:58 AM

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today: Retail Sales # Ugly:


And the 2nd best day of 2010 is met with a massive wave of selling as reality trumps hope.


Best charts are still FXI (China) and EWZ (Brazil) -- they both climbed out of the basement and regained the 20 day MA. But they're not going to simply rally on their own.

Still, I think this is a sign that when a rally one day does materialize... the big winners may be in some foreign names rather than familiar ones.
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