- Personally, I'd like to see one more jab to the upside in the SP500...or downside in the SH...but we're in a price zone of interest for a "potential turn". In additon...
- One thing that was of interest today is that even after Apple reported blow-out earnings to the upside, it still closed down from where it opened...admittedly, after a huge gap to the upside...and after an overall monster rally from March 2009...to hit highs smacking into the 2007 highs (but not surpassing)...and then petered out.
- Another item of interest, is that despite the major indexes continuing to plow forward the number of advancing stocks is beginning to shrink compared to the number of decliners...which is not a good sign for continued health of the indexes overall. But it can still go up. There are no gaurantees.
- Buy SH 54.8 with stop at 53.7? Your call.
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