The current uptrend in the equities space has certainly proved its endurance. What began as a 100 meter dash in early September has turned into an all out cross country marathon. As the bull trend enters its tenth week, the underlying bid in the marketplace continues as a force to be reckoned with. Minor dips draw bulls out of the woodwork as they unabashedly snatch up shares.

Resistance for DOW is at 10640 and NASDAQ 2230.
Trend Of Major Indices and Stocks
Symbol Trend No. of Days WeeklyTrend Month
^DJI Bulllish 2 Flat! Flat!
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There is no doubt that I am suffering my WORST Multiple Sclerosis attack to date. Since Saturday I have basically been bed ridden and RIGHT OFF THE BAT I want to apologies if any of this is a little hard to follow because I feel like trash. I am not sure if this will effect what I am about to write but do me a favor and do NOT bust my balls if I misplace a word or misspell a word.

There is no other way to spin today’s action other than it was downright ugly. However, after going over my personal holdings and seeing how few stocks needed to be sold and how few actually fell on higher volume, it became clear to me that I am going to have to see more selling to confirm that this short uptrend is dead.