Stocks Can Not Find a Bottom
Filed Under Market Commentary |
Stocks continue to search for a bottom as more worries about the falling dollar and housing markets. As dip buyers continue to operate looking for bargains they continue to lose. Stocks will be poised for a lift after Thanksgiving Day, but can it last for the entire (shortened) trading day? The VIX CBOE Market Volitility Index continues to be tame as stocks fall. Look for stocks to gain some traction in the shortened session Friday.
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Last 5 posts in Market Commentary
- Resistance is Proving to be Too Great for Major Indexes - August 19th, 2008
- Stocks Reversed from Highs in Lackluster Trade - August 16th, 2008
- Low Volume Rally as NASDAQ Retakes a Key Moving Average - August 15th, 2008
- We Are Severely Overbought and the Global Slowdown is Beginning to Show its Face - August 13th, 2008
- Proceeding With Caution, This Market is Shaky at Best - August 12th, 2008
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