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Tuesday, 01/31/2012 10:47:23 AM

Tuesday, January 31, 2012 10:47:23 AM

Post# of 784
Can The Markets Defy Gravity Again?


Nearly every trading day the major stock indexes will decline before the noon hour. This decline in the major stock market indexes usually leads to a light volume rally that lasts into the close. For example, yesterday the major stock indexes dropped sharply lower at the open only to find a low after the first hour and trade basically unchanged by the closing bell. This type of activity occurs nearly every trading day since December 19, 2011 when the Dow Jones Industrial Average (DJIA) traded as low as 11,231.56. Today, the DJIA is trading around the 12,700.00 level which is close to a six month high. ...Continue reading here: http://bit.ly/zdzSu3

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