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November 2009
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The Pullback Is Just That, For Now; Wait For Lower Lows And Lower Highs And Volume
A lot of people sure are tripping-out over FRI’s session. However, I can’t stress enough that all major selloffs start after already having a series of lower highs and lower lows. If you do not believe me you can go check your own charts of every market decline starting back since 125 years ago. Those [...]
Institutional Surge Sparks End of Day Rally
By MarketSpeculator on November 30, 2009
Friday’s shortened session provided fireworks, but Monday’s morning session showed traders were hung-over from the festivities. It appeared institutions were simply stepping aside during the morning as traders were dumping holdings from Friday’s move. Another low volume boring day in the markets until 3 o’clock rolled around. After 3pm it appeared institutions began to accumulate [...]
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