Wednesday, May 07, 2008

Down Day

A strong sell-off in the afternoon for the indexes today. The DJIA did a little bounce off the 200EMA. The S&P 500 and Nasdaq100 are now mid-way between the 100 & 200 EMA's. A nervous sell-off, but things are still holding positive. Things can certainly go either way (my opinion is up from here).

No comments: