Equity Markets: Technical Update (11-20-08)
Read the full article: http://weeklyta.blogspot.com/2008/11/todays-action_20.html#l...
Bulls got killed again. This is probably the 100th+ time this year. Don't say that I didn't warn you either. If you're still "hoping", then go back to your corner and keep praying. We broke our consolidation low yesterday, and today confirmed a clean break with a major spike in the last half hour and cut through the 2002 lows. That rally we had? That was a really large bear flag...
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