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Very Bullish Start Ends With Most Indexes Closing At Or Near Their LOD; My Best Stocks Held Up Well During The Selling

Posted May 15th, 2008 by BigWaveTrading
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Read the full article: http://www.bigwavetrading.net/a-very-bullish-start-ends-with...
6
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Well, that sure is not how you like to close them. Especially with volume picking up there while we sold off right after hitting the 200 day moving average on the Nasdaq. The good news is that the market still gapped high enough in the morning that all major market indexes were able to close with gains. But there was a negative blip in regards to leading stocks as the IBD 100 fell 1.2%.

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