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S&P 500
5,554.13
(
1.07%
)
US TECH 100
18,808.00
(
0.34%
)
Dow Jones
40,861.71
(
0.31%
)
Brent Oil
71.52
(
1.41%
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Bitcoin
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1.33%
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punkle

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punkle

Re: Joe Stocks post# 351982

Monday, 01/31/2005 3:16:38 PM

Monday, January 31, 2005 3:16:38 PM

Post# of 704019
Good point Joe. That's been the modus operandi all month for the market which is probably some distribution. Maybe Zeev is right and there is a laborious climb from here. However, I did think this could be a +100 day for the Dow and that's not looking good right now. However, I'll take 20 points on the NAS anyday if that's where we finish.

The M&A activity this morning didn't hurt either.

I've always thought the homebuilders were overbought, just haven't had the cajones to short them.
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