Market did a total reveral of what it did yesterday. Today, it opened high and soon turned around a continued to slide lower all day. VIX, again, gave us some good clues. That $18 support held firmly and VIX just bounced off. I got “increasingly cautious” as the day went: HappyTrading Posted May 7, 2008 [...]
Category Archives: CLWR
Market Finally Breathes While Oil Reaches New Record: SPX, Nasdaq, CLWR, S, GOOG, RIG, CROX
May 7, 2008 – 6:26 pm
Review 11/14/07: SPX, Nasdaq, AMAT, SINA, CLWR, ATI
November 14, 2007 – 7:27 pm
Yesterday, I talked about how both SPX and Nasdaq have their daily MAs in a “bearish” formation, and that it is still prudent to be cautious, even though we had a very strong bounce. Today, the market opened high and slowly went lower, and lower. The Dow closed down 76.08 points; SPX gave up 10.47 [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
