Monday, October 11, 2010
One Last Thing I Forgot
Price volume relationships today, it was interesting to note that all stocks had a dominant price volume of price down and volume up which indicates panic selling. The Dow was price up and volume down, which is the most BEARISH of the 4 possible combinations.
2 comments:
Large Put Call open today.....very high which typically means some sort of low in place or panic selling. I would expect a very volitile day.
Brandt, any update leading into the release of the FMOC minutes? Is 3c following price action or setting up a negative divergence? Hopefully wall street has the same view as the White House; hate to waste a perfectly good disaster or event.
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