Wednesday, June 17, 2009

Well we know where those TARP funds where being stored, stocks are down everyday since monday

We have hit my low target near 900 after the selloff from 950 area last week, we may see a bounce or consolidation at these levels before a further sell off or we could go back up and try to make a new high but fail.

FAZ is leading the way today and alot of my small caps are getting hit hard today, usually this means alot of money is coming out before a big fall.

Probably some consolidating today before a bigger drop off tomorrow and friday.

Stay tuned