ok , just went short again......
10:01
backed it up 10:07
This is this mornings Tick ratio.... above 0 shows bullishness, below bearishness...
if you notice the bullishness is declining.
and the iwm is showing weakness.
10:23 I got stopped out.
I'm not playing
4 comments:
What the hell is going on? Shares are parings their earlier loss within 70 MINUTES.
I look at Dow now is only -5 points. Are people really have such a big buying interest with the market that is going into recession?
posted a chart for you...
It's still short covering, but sometimes the bulls stick their toes in and it can cause bullishness all day.
oh, i finally know what the catalyst
http://biz.yahoo.com/ap/080110/wall_street.html
Report from Commerce Dept today showed sales of U.S. wholesalers rose by 2.2 percent in November to a seasonally adjusted $380.35 billion -- the biggest increase since September 2005. The agency also said sales growth in October was more than double the 0.7 percent that had been estimated.
Wow, wow, wow, this is the Nov data, don't people realise?
By the way, thanks for your chart...
have a good day.
:)
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