market weakness

S

stock_trad3r

Any idea why the market s weak? It is supposed to be up and now its down 1.5% so far I wonder what the problem is. Who or what is keeping it down. Hopefully, this is temporary and we hit 52 week highs soon.
 
Just 3 small down days.

Don't worry about it.

It can make new highs in the blink of an eye.

Likely a very nice bargain here at these levels
 
It hit the top of an uptrend channel so needs physical displacement before the next higher highs. This is usually done by burning time going down and sideways, then trend resumes and the process repeats itself; until the trend changes of course :D
 
Quote from stock_trad3r:

It is supposed to be up and now its down 1.5%
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Sorry my mistake.....I over slept and forgot it was meant to be up rather than down....I will get the elves onto it asap and fix it.

(Damn offshoring so and so's always manage to mix the up and down buttons.)
 
Quote from stock_trad3r:

Any idea why the market s weak? It is supposed to be up and now its down 1.5% so far I wonder what the problem is. Who or what is keeping it down. Hopefully, this is temporary and we hit 52 week highs soon.
More...

You do not think that trading is a zero to negative sum game?
 
You must not be subscribing to the right market newsletters. The ones I do all said that we were supposed to be down that day. :p

Quote from stock_trad3r:

Any idea why the market s weak? It is supposed to be up and now its down 1.5% so far I wonder what the problem is.
More...
 
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