Capitulatory Morning

Home / Market Comments / Capitulatory Morning
July 15, 2008

We might be having the capitulation today. Watch for volume. Its a bad two days, but its only two days compared to anyone riding this down for the last 60 days.





Related Posts

I Want To Know How Many Stock Bloggers Are Quitting Today
Market Comments
I’m getting rolled over today in my position. Going long at the exact wrong time, but I’m not done. I’ve just lost profits and with...
Looking At SPY and NDX Call Options
Options, Stock Comments
If the market has one more big afternoon to the downside. Not only will true panic happen, but I think it will finally cause the capitulation....
Global Coordinated Rate Cut and Futures Selloff
Leveraged ETFs, Leveraged Funds, Market Comments
In this bizarro world, there was a coordinated global rate cut of a 1/2 point this morning. The futures were up and have sold off. European markets...
The Good, The Bad, and The Ugly
Leveraged ETFs, Leveraged Funds, Stock Comments, Technical Analysis
Lets start out with the Ugly. - Dow down 800 points at the lows of the day. - New lows vs New highs were extremely lopsided - VIX, VXN both made new...