Wednesday, January 14, 2009

Weak Bounce Not Encouraging

After selling off hard on Friday and Monday the S&P put in a weak bounce on Tuesday. We've seen this pattern before and it has historically led to more selling. An updated table from the previous study is below:


2 comments:

Anonymous said...

Rob, anything going on with CBI?

Trader Kevin said...

Rob, anything going on with CBI?

Was wondering the same thing.

When is it safe to buy Citigroup?

:)