Tag Archives: Options

Green Shoots get a Reality Check

Posted on May 13, 2009 by BMWFan

After almost two months of bullish action, the equity markets finally got a reality check with the announcement of lower than expected retail sale data, and sharp rise in the number of home-owners facing foreclosure. The market gapped down at … Continue reading →

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Rounded Bottom: Nice Set Up for the March to the 200 Day Moving Average

Posted on May 12, 2009 by BMWFan

The equity markets continued where they left yesterday, continuing the sell-off which started after Meredith Whitney’s bearish interview Unlike yesterday the selling was across the board with no divergence between exchanges or between the market breadth and advance/decline statistics. The … Continue reading →

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