Closing hour:
More selling after a brief bounce. They want to pin QQQQ 50, or close. ES found solid resistance at its 10 dma (1549) and that could be setting up more lows on Monday if we can't get back above that level.
NYSE new year lows 134.
AAPL stayed up most of the day after an analyst raised his target to 205 based on 2009 projections. Who cares about 2009, we are dealing with a possible liquidity crunch in the coming months. It's getting more ludicrous every day, but that is what makes a market.
More selling after a brief bounce. They want to pin QQQQ 50, or close. ES found solid resistance at its 10 dma (1549) and that could be setting up more lows on Monday if we can't get back above that level.
NYSE new year lows 134.
AAPL stayed up most of the day after an analyst raised his target to 205 based on 2009 projections. Who cares about 2009, we are dealing with a possible liquidity crunch in the coming months. It's getting more ludicrous every day, but that is what makes a market.
» Post a Comment