Online Stock Trading | Can the market get more negative??

Can the market get more negative??


Filed Under Market Commentary |

I hate to say this, but YES! But can it go lower from here?

I think we need to see where volume ends up today. this is being written as of
2:32pm EST. If we see volume swell above 2.4 billion shares on the Nasdaq then
I can say we had further south…if we come in below 2.2 I can say that we’ll
trend lower but the bottom will not come out. Again, we have to wait until we
close!

I see no reason not to be completely in cash. Stay on the sidelines.

I will be back later to get more into this. One thing is for sure you NEED to
dig your heels in and study this market!!!

Last 5 posts in Market Commentary

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