Tuesday, March 3, 2009

Massive Selling Pressure on the S&P 500

http://finance.yahoo.com/q/ta?s=%5EDJI&t=my

Please use Max.

A scary chart is a long-term one of the S&P 500 with volume. The brutal bear market has seen record volume on the downside, which we feel may represent, even if temporary, a selling climax.

Sometime soon a rally should not be unexpected, as it appears that everyone who wants to get out is now selling.

There are no absolutes or guarantees in investing. One can only determine greater or lesser probabilities based upon the information one has at the time.

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