SJ's Stock Market Blog
Time to get out of longs?
Posted Oct 22nd, 2009 at 06:53 PM by StockJock-e
The markets have been trading exactly as they should be. The move we have been experiencing to date is a perfect bear market bounce.
There may be some upside in select names, but the cracks are starting to show. Lower volume with increasing price, transports and real estate lagging the markets, all these could be early signals.
Like all bounces this too must end. Here are my expectations for this move:
There may be some upside in select names, but the cracks are starting to show. Lower volume with increasing price, transports and real estate lagging the markets, all these could be early signals.
Like all bounces this too must end. Here are my expectations for this move:
Total Comments 2
Comments
-
I agree StockJock-e. I expect one last push to the upside before we head back down though.
But that opinion can easily change depending on which indicators falter first.
Sell volume compared to buy volume has been aggressive. People are eager to take profits, IMO.
Time will tell!Posted Oct 24th, 2009 at 04:25 PM by Mr. Winky 
-
Does this apply to pinks as well?
Posted Oct 26th, 2009 at 02:29 PM by vlandsponger
