Friday, January 29, 2010

Market wrap - 4:15

Houston, do we have a problem? NASDAQ got hammered today, all indexes have broke down technically. Is this a sign of a larger correction? The data has not been that bad, but the market has sold off on good news, and many days closed at or close to the lows. That is not a good sign. Buyer beware.

As usual, click on images to enlarge.






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