Nice stair step decline

Discussion in 'Trading' started by myminitrading, Dec 22, 2006.

  1. Nice and orderly, no big spikes down here, like we have seen for the last three months on the upside with little to know retracement. Volume in the futures is average.
  2. piezoe


    Nice and orderly,

    So far!
  3. S2007S


    looking good for the bears.
  4. Jim Cramer is screaming "buy". Longs beware. :)
  5. Yes, they need to call the cavalry if they want to keep some profits. Actually, as usual, there are winners and losers even if you were long this market. Semis are about 9% down this year as a start ! I think some people are anticipating the "expected" correction early 2007. To be seen. Markets , as usual, are surprising.
  7. Actually we could see this rare event of 5 consecutive lower close for the Nasdaq this week. Very rare indeed. I am always fascinated to see the way the markets trick most of the people.