Friday, December 08, 2006

On more push needed for a top

There is one more push needed for this market to go down and "prove" that the top is in place. Today/Monday are very fertile time to do so. The buy and sell pressure are in the middle of the range for both of these( Pictures did not come out too good ). What this means is that thin market conditions continue and will be resolved one of these days soon.
The bright light for bears is the under performance of QQQQ and Transports and no new top for DOW in last 10 days.



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