Indices closing % loss was pretty mild when you look @ headline closing numbers...BUT internals were much weaker as listed below :
Down volume led by 3 to 1 in NYSE & 3.70 to 1 in Nasdaq
Declining stocks led by 2.38 to 1 in NYSE & 1.45 to 1 in Nasdaq
India raised its overnight lending rates & reserve requirement by .25%..2nd country to do so after Australia.....
PALM plunged 29.16% today after missing estimates & guidance.....
FUQI plunged another 13.66%......
By noon on Saturday a list of most extended stocks based on RSI....
BLOG does NOT give buy or sell.
Saleem
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