NCEN first stock that collapsed, then News related "ROOM" biotechs/pharmaceuticals next and no hope for the techs especially not for the "hope floats" techs. The only sector that stayed afloat a while was the insurance/banking. Once they went (by 10:15) the writing was on the wall.
WBSN from 25 to 17 just since our post. Now its back to 19.26 This was capitulation, anything less is just a tiny bear flag rally. WBSN has proven it is indeed capable of MASSIVE pullbacks and nice recoveries. The caveat is not to watch what a few million traders are "calling"..your average 'high mileage trap' but to stick with what we post. Of course I did happen to miss this rally... ;-) and that's while watching only about 15 stocks all week.