Action on the S&P 500 today shows correction is ready to begin. Candlesticks now show bearish trend for both the Dow and S&P 500. NASDAQ is close to a reversal as well. If JAII drops back to the $10-12 range look at it as another buying opportunity.
thanks wxman, if not reponding here we fools are checking for your posts.much appreciated as always.I suppose topics such as Newt and Iraq will fuel bearish activity for the short term.Volume (not trading volume either) has been turned up a little over at Yahoo, mostly monski related.I keep looking for another MM to initiate coverage, or somebody to give this little train some press and raise the interest. regards
Thanks, Wxman, for the post. You've not missed when calling these reversals.Do you think that the 10-12 range is a solid support area?
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