Any close at these levels will have wiped out all of 2011's gains in the indexes. Never fails to amaze how the market is a staircase up, but an elevator down. What took the market about 2.5 months to build, has effectively been erased in 5 sessions.
Wednesday, March 16, 2011
That Didn't Take Long
In the previous post when I said I don't expect these lows to hold, I was thinking more of tomorrow than in the next 15 minutes, but this works too.... makes me look a lot smarter than I am. ;)
Any close at these levels will have wiped out all of 2011's gains in the indexes. Never fails to amaze how the market is a staircase up, but an elevator down. What took the market about 2.5 months to build, has effectively been erased in 5 sessions.
Any close at these levels will have wiped out all of 2011's gains in the indexes. Never fails to amaze how the market is a staircase up, but an elevator down. What took the market about 2.5 months to build, has effectively been erased in 5 sessions.
