What a week, just on first day after Alcoa announce earning, market turn bullish, few days later it wipe out all the previous gain, now all 3 benchmark having death cross ( red cross down green line ), market a bit stressful now as it hardly break thru 200SMA and continue to gain from there, i hope Q3 earning season can give a catalyst to the market
By
pbkian at 2010-07-18
looking at DIA ( DOW ETF ), the few Gap created get filled quickly, the GAP seems to tell us market shorterm direction, let's monitor it further.
By
pbkian at 2010-07-18
/PS : This market really test our phsycology, seeing profit turn lose, patience and emotion are tested..
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