The sell off has begun..for the Dow to sell off nearly 200 points and we have not seen a earnings until later tonight is just a indication that the recent rally will retrace.If the earnings are all terrible then the lows of 6500 could be tested again!
I am mainly a Bull so I am sidelined for...
It been a good few weeks for the Bulls folks he he! but we are at the stage where everyone expects a pull back. Trust the analysts to pick today to start having a go at the financials.
The last hour today should see a sell off
Good luck folks
Bongo
Totally on the sidelines at the moment unless we see a big drop on the Dow...we have had a 21% rise over the last few weeks and there must be some correction
Bongo
VERY VERY good close on the Dow..IMHO...this is a great sign that the Dow could pick up from the selling of earlier.
Very happy with that 6485 Long!
Have a good weekend
Bongo
Excellent Raised my stop loss to 6600 taking 115 point gains....will see how it goes from here.
Hopefully see a further push higher
Good luck
Bongo:clap:
Been expecting a bounce for so long ....would be happy with a close above 6500 today and then a attack at 7000 +
But this market has just continued to fall of a cliff....would anyone be brave to short at these levels?
Good luck
Bongo