The blue chip stocks (SPY) are showing a pps bull signal, after they showed a pps bear signal just one trading day prior, and have retraced all of the loss they showed on the day before the long holiday weekend. This is the Mother of All Whipsaws. It certainly justifies my cautious stance on Friday.
Also goes to show, in the markets, nothing is forever. Ever.
The other indicators: The same as I noted in the Morningline, except more so.
Here's what's interesting in high-volume . . .
Showing posts with label HUM. Show all posts
Showing posts with label HUM. Show all posts
Tuesday, January 19, 2010
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