Thursday, March 17, 2011

Financial Market Update

I commence with my gratitude to The All-Knower

There are lot of doubts for this rally. All big stocks, that I follow, and are major part of NASDAQ have pulled back strongly, but not NASDAQ composite itself? Neither did DJI or SPX!!

I think the lack of underlying strength tells me that either we are going to make another test very soon, even tomorrow or Monday or may even go lower.

Very doubtful about the underlying strength of this rally?

No comments: