May 6, 2010

Stock Market Trend Turning?

Filed under: Investing — @ 3:00 am

The Stock Market’s been taking a beating the past couple of days. I guess with oil spills, floods, terrorists and financial contagion…it was too much to bear. It always seems to claw its way higher day after day only to give most of it back over a few days of selling. It just proves the old adage…all new highs are bullish until the last one.

The trend is your friend ’till the end
And often it’s straining to send,
A message that’s clear
“Get out of here!”
The only part missing is ‘when’.

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