Friday, November 02, 2007

Did not take much to sell off




Dear Readers, looking at the chart of pressure and summation , we notice that it did not take much to sell this market. In fact, look across it and you will see that it took less and less sell pressure levels ( summation levels) to create the sell off's. Is this another way to say that these markets have become narrower and narrower in leadership. You bet it is. That is exactly the statement the Charts above are making.

6 comments:

john said...

Boris,
thanx again
Old John

boris said...

Dear John,
GOod Morning,
Thanks and good luck and GOod Trading today.

Greenie said...

Good morning Boris. This market now has only one leader - google.

boris said...

Good MOrning Dear Greenie,
I think You are right...

GOod Trading

boris said...

Good MOrning Dear Greenie,
I think You are right...

GOod Trading

Greenie said...

Hello Dear Boris,

I am always right :)....just kidding. You seemed to be more right than me. Good call on yellow brick road. How could you do it?