By the looks of the indices we may be. I was suprised to see the dollar straighten tho.
Are we seeing that capitulation "V" reversal day?
:u <--- Relief.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
By the looks of the indices we may be. I was suprised to see the dollar straighten tho.
tsptalk wrote:OK, maybe it will be more like a "W" ...Are we seeing that capitulation "V" reversal day?
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
hehehe
Yes, well, yesterday and the day before, my stocks were definitely weighing down the index (12% drop, then 8% drop). Today, however, hump-day, the turning-point day on a weak-start, end-strong week, my stocks bounced back as quickly as they fell (10% rise)--a "V" big-time so far. A towel after a bath feels mighty nice.
...Oil (heh) and a massage would be better... :u
V - o - l - a - t - i - l - i - t - y to separate the men from the boys, right, Az?
<cackle>
Hmmm. Is today the "V" day? That would be too convenient. So far so good though. The S&P 500 did touch the 200 day moving average. That would be a nice place for the turnaround.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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