Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, September 16, 2008

Look at that 90% decliners

ADVANCES & DECLINES


NYSEAMEXNASDAQBB
Advancing Issues205 (6%) 234 (17%) 386 (13%) 383 (22%)
Declining Issues3,285 (93%) 1,084 (79%) 2,551 (84%) 921 (53%)
Unchanged Issues25 (1%) 57 (4%) 84 (3%) 428 (25%)
Total Issues3,5151,3753,0211,732
New Highs222533133
New Lows724285346328
Up Volume446,343,508 (11%) 309,868,771 (13%) 143,766,429 (5%) 227,971,421 (24%)
Down Volume3,652,241,693 (89%) 2,156,183,492 (87%) 2,608,848,202 (94%) 359,971,820 (38%)
Unchanged Volume4,666,686 (0%) 2,098,200 (0%) 8,689,786 (0%) 371,800,521 (39%)
Total Volume4,103,251,88712,468,150,46312,761,304,4171959,743,7621

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Now all we need is 90% up.soon.. and it's a classic bottom.

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