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S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,188.00
(
-0.14%
)
Dow Jones
39,127.80
(
0.00%
)
Brent Oil
85.01
(
0.63%
)
Bitcoin
61,208.32
(
0.65%
)
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g-ianni

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g-ianni

Re: Crazy Money post# 13181

Wednesday, 01/26/2011 8:11:56 PM

Wednesday, January 26, 2011 8:11:56 PM

Post# of 14996
markets way overbought my friend, could get another 1-2% upside i'm betting there is 5-10% downside on its way.jmho

Just one number: RSI on Dow closed at 79.73 - red hot overbought and we're just shy of the 12k mark.

A little trip back to 10800 or slightly lower is feasible and likely to get some pressure off but this beast wants to go up.

" You want the truth, You can't handle the truth." Jack Nicholson "A Few Good Men"

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Volume:
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