Tuesday, March 22, 2005


The DJIA closed down 94+ points today, much of the loss occurring late in the day. Although everything points to lower prices, the stochastics indicator did go below 20 today, showing the first indications of the market being oversold. We may see a little sideways or even small blip upward tomorrow, but this market still looks bad.

The hypothetical short trade from 10728 is now: +258 points

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