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Market resistence fails?
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General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01348415
Message ID:
01348633
Views:
16
>>>Dow under $11k
>>>Nasdaq under $2200
>>>S&P under $1200
>>>
>>>Tuesday's up day looks like a dead cat bounce. Waiting for confirmation. DOW confirmation below 11k is very bad. Next up minor resistance at 10.8 and 10.2 then 10k and if that doesn't hold...
>>>
>>>There's an awful lot of panic selling going on...
>>
>>Hold the line.
>>By the way, gold performed miraculously today.
>Not to mention Silver

Silver is supposed to move the same way as gold, though is is currently more volatile because of weaker fundamentals.
Edward Pikman
Independent Consultant
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