Username Password
S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Market Direction change for next few days - caution flag

Date January 19, 2011    Comments Comments (1)    Rate this post Recommend This Post (59)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This
Market has been moving up with out a breather for last few weeks.
Todays day and after hours action says - a number of momentum stocks are going to take hit big time

This Friday is option expiration too. so market makers will try to minimize their exposure to options they sold.
I personally expect about 2 to 5% short term correction
Tags : FFIV   RVBD   NTAP   JNPR   APKT   VMW   CRM  

1 Comment(s):

Author rjm77me     Date January 20, 2011 12:03 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Financial news are calling two day market loss as biggest drop since Nov 2010
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links