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Discuss Market Comments 06/10/11

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Bounce - After 6 consecutive down days, the market finally experienced a relief rally. The close was not all that exciting as the Dow finished up 75-points after being up 135 less than an hour before the close, but the bulls won't complain..

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Market Commentary for 6/10/11

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Comments

  1. pmcint01's Avatar
    Tom,

    So it looks like it has doing the first H&S pattern up through May, but now it is doing the 2nd pattern in June. Is that strange that it went from one pattern to the other?
  2. tsptalk's Avatar
    I just look at the first move as a false breakout. The market likes to fool us whenever possible.
  3. dpmp's Avatar
    Any of you still in the market?
  4. tsptalk's Avatar
    I am. I didn't listen to some of the sell signals from our PS's and stuck with the sentiment survey buy signal.
  5. law87's Avatar
    I am, in too deep to pull out
  6. hardyandtiny's Avatar
    test of the middle of the head...that's hilarious

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