Wednesday, January 6, 2010

January 6th, 2010

I am seeing some weakness on some stocks, GOOG, AMZN, RIMM, V and MA.

5 comments:

  1. grrrr. looks like nice H&S on SPY

    resistance 1 @ 113.92.. hit 113.88 :(

    had limit order spxu at 34.00 ...missed by .02

    let's see if they get a right shoulder in here this afternoon then fall apart.


    porlin

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  2. nice call me!

    now break the neckline and let's get it rolling!


    dercerie

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  3. The QQQQ is the weaker than the SPY. It is probably because of GOOG, AMZN an AAPL. I believe this market breakout is a false one. Lots of stocks are showing weakness. I am expecting QQQQ will hit 45 again and SPY will hit 112 again.

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  4. oops guess not! rally before fomc minutes!

    roppo

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  5. Yes, definitely looking fake.

    valspal

    ReplyDelete