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.

1 comment:

  1. 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...

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