Posts tagged as:

market bottom

OPNewsletter and Markets Ahead

by OptionPundit on October 27, 2008

What a week. US Markets almost collapsed, bounced and then again dumped in the last 6minutes of trading of last Friday. The news of the last week was and still is, Nikkei, which is at 25 year low. As of this writing, Nikkei closed, again, down by another 6.3%, talk about the fears, bears!!! While [...]

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Tug of War Continues

by OptionPundit on September 2, 2008

Here is what I mentioned about last Thursday rally to OPN subscribers before the market open last Friday, rest is history- Overall volume was only 3.7 billion yesterday and upside volume was only 62.8% of up + down volume. Furthermore, breadth was very weak — this is a weak rally and I don’t buy into [...]

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