Thursday, August 6, 2009

Whats Wrong With This Picture?

NYSE % Of Stocks Above 200 Day Moving Average



The market is clearly way over bought at current levels.
POSTED BY JayTrader AT 8/06/2009 11:28:00 AM

1 comment:

  1. AnonymousAugust 6, 2009 at 4:07 PM

    There are far too many people who are still short this mkt. Just take a look at AIG. No reason for this crap stock to go up 70% in 1 day...Too many shorts. Mkt is currently technically driven...

    ReplyDelete

Subscribe to: Post Comments (Atom)