Friday, January 22, 2010

S&P 500 Now At Oversold Levels

It took all of three days for the S&P 500 to move from 2 standard deviations above its 50-day moving average to 1 standard deviation below its 50-day moving average. Will the Massachusetts election day not only mark a major turning point in Washington, but also a major turning point for the market?

Spx122

No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.