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S&P 500
5,815.03
(
0.61%
)
US TECH 100
19,700.00
(
-0.02%
)
Dow Jones
42,863.86
(
0.97%
)
Brent Oil
77.71
(
0.31%
)
Bitcoin
62,550.95
(
-0.48%
)
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dmlabuda

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dmlabuda

Re: Stocktrader75 post# 407

Wednesday, 02/08/2012 1:13:25 PM

Wednesday, February 08, 2012 1:13:25 PM

Post# of 9838
You are right! The announcement is on the 16th. I must have miss read that. In any case, it looks to me like the price is going lower. Perhaps not too much lower but, I'll watch the Overbought/Oversold condition of the market for additional clues. Since I swing trade, I'm more apt to jump in and out frequently. But, the bearish divergence on the Daily chart (assuming it remains there) is a longer term signal.
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