Posts Tagged ‘gap theory’
Posted by StockRake on October 6, 2008 in Leveraged ETFs, Leveraged Funds, Stock Comments, Technical Analysis
The Good, The Bad, and The Ugly
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 highs. Now the Bad. – We didn’t see capitulatory volume. – Market rallied way off its lows. – I had to eat 8% …
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