http://finance.yahoo.com/news/World...36802.html?sec=topStories&pos=1&asset=&ccode=
The media just perpetuates one story after the other making excuses why the market is up and why its down...traders know why the market is down today. Its because price has simply retraced due to an oversold situation in March and will continue its downward spiral.
The media doesnt understand price...nor does its readers understand price...so they have to grasp at straws. Last week, the flu wasnt on my radar. I thought that the story of the stess tests would bring the market down.
I was wrong...I guess this time its the flu...dont forget your cough drops. Market down today...its flu season...
The media just perpetuates one story after the other making excuses why the market is up and why its down...traders know why the market is down today. Its because price has simply retraced due to an oversold situation in March and will continue its downward spiral.
The media doesnt understand price...nor does its readers understand price...so they have to grasp at straws. Last week, the flu wasnt on my radar. I thought that the story of the stess tests would bring the market down.
I was wrong...I guess this time its the flu...dont forget your cough drops. Market down today...its flu season...
