Tue 5/21/2013 04:59 ET
DJIA15335.2818.400.12%SOLAR25.542.068.08%GOLD1393.0028.302.07%Shanghai2305.115.070.22%
S&P 5001666.291.170.07%BANKS19.990.040.20%OIL96.910.620.64%Nikkei15381.0220.000.13%
NASDAQ3496.432.450.07%SEMI38.650.120.31%US/EU0.780.000.31%Futures1664.200.400.02%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Wall Street Pit    Stock Due Diligence for All

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  
From: theMagician (Rep: 5451) reply to sr99Date: 06/12/2012 12:03
Forum: Wall Street Pit - Msg #2279908Thread #673413373 (Rec: 0)
Re: Still dnt get a reason Y the selloff yday and now buying in strength...

stop loss hunts, shakeouts common in a wall of worry rally like we have here

dow and SPY needed that retrace to form the right shoulders on the bullish inverted H&s on their respective charts



Share This Post:


FOLLOW US on TWITTER - http://twitter.com/#!/buysellshort

 



Reply to sr99 - Msg #2279883 - 06/12/2012 11:46

Re: Still dnt get a reason Y the selloff yday and now buying in strength...
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser theMagician: Reward | Watch | Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.