News Focus
News Focus
icon url

gloe

04/23/12 10:34 AM

#1820 RE: sammy1024 #1819

sammy it's a daily signal, so don't know until after the close. Even if it did flip back to a SELL here, I will tell you that most of the time, a SELL signal that comes when the market is already oversold hasn't usually done very much.

As I have been posting, the market has been looking weak with bear flags on the charts of most of the major indices . . . but I'm still buying dips. The Qs gapped below their 50 day MA this morning, but are likely to rally up to retest it from below. At some point.