Saturday, June 11, 2011

Low on June 17

This was posted in a public chat room so I think it is OK to repost here. From Chris Carolan:
My view is not so positive.
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4 comments:

  1. patrick neidJune 12, 2011 at 8:37 AM

    Short term sentiment indicators are certainly lining up for a rebound OR the big plunge.

    ReplyDelete
  2. WillJune 13, 2011 at 3:54 PM

    Daily log scale, spx and dji have broken march '09 upward trend line.... What do you think Mike?

    -Will

    ReplyDelete
  3. Michael KahnJune 13, 2011 at 5:57 PM

    The trendline from March 09 does not really describe the action - its more a three part rally march 09 to April 10, April 10 to July/Aug 10, Aug 10 to May 11.

    With that said, this is not a bullish market.

    ReplyDelete
  4. BloggerDecember 19, 2016 at 8:06 AM

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