After Market Report - 4 - 12 - 2005

الشعثاني

عضو مميز
التسجيل
20 مارس 2003
المشاركات
2,302
الإقامة
** بلاد الورد **



After Market Report



Just what the doctor ordered. The market has been dull and sluggish and bullish sentiment quickly eroded toward bearish sentiment over the past week. There is an old trader’s adage that says “never short a dull market.” And today represents just why that adage is true. We started off weak and then ended strong on get this, an actual high volume accumulation day. We are not out of the woods yet, but today definitely put a stop to speculation of an immediate downside. It also went a long way toward establishing a line of support from which a potential foundation can be built from


 
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