Wednesday, October 12, 2011

Volume

Got a nice flush to the downside volume wise, which is what I was looking for earlier if we tested the low end of the range, which didn't happen.

The question now is whether this is downside exhaustion (I'm talking all short term here folks) or if this was the first shot across the bow and there is more downside to come.

We'll see soon enough, but downside is a hard case to argue for now, as breadth is still mighty strong at almost +1800

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