Friday, May 7, 2010

Weak close on high volume......

Market is in total control of bears who are using supercomputers to crush stocks & indices to inject fear......

Volume was heavy again in all indices......

Strictly from technical read...all the indices made a higher low today & retested support.....

BUT i do NOT believe that this market is RATIONAL..it is totally MANIPULATED by few for their OWN gains which is to take this market lower to any level... & SEC is looking the other way ?????

Next post by noon on Saturday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

c said...

WOW Saleem
I do hope that the SEC has learned to watch and take action
Maybe not

Any way--Good Luck to all

this is one tough market ---
May is for sure, GO AWAY!!

Stocks100 said...

Hi C,

Thursday manipulation was too balatant & daring for SEC to ignore.

May MAY turn out to be a buying opportunity of a lifetime....

Saleem