Must Read: The Stock Market Broke on Wednesday

Martin Goldberg has written up an excellent look at technicals of the market right now: The Stock Market Broke on Wednesday Do your self a huge favor and go read it! (hat tip to Kirk and Duru)

Comments

  1. Posted by Duru on March 15, 2004 at 8:48 pm

    Next stop for the Nazz…200 DMA? Seems like it a meeting with those levels coincides nicely with the definitive hammer in October, 2003.

  2. Posted by muckdog on March 15, 2004 at 10:58 pm

    I outsmarted myself. While I am net short, did try and pick the bounce and missed this morning. Still think options week will end up with a few great rallies.