“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday, 11 October 2012

11 Oct 2012

Markets have opened and closed on the same level pretty much.  The Stoch. on a daily chart has entered an oversold range and so we will be looking for more downside until we get out of the range or if we cross up.

Financials were strong again today closing positive.  We might need a divergence on a weekly basis for financials to finally turn.

No comments:

Post a Comment