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Moon Kil Woong » Comments » ALU

  • Closing Update for Wednesday, September 2: Slide Stretches to Day 4 [View article]
    Thanks for the update. A rise in distillates is a sign of weakness not only for the oil producing side but the much less notice but much more important processing side of the oil related ecosystem. This coming during peak driving season is a very bad sign for the Fall fall-off in demand.
    Sep 02 21:51 pm |Rating: +1 0 |Link to Comment
  • Closing Update for Tuesday, September 1: Third Day of Pullback [View article]
    Today we see resistance around 1,000 for the S&P. For technical guys they will tell you, "No duh!" Other than that, there is no technical information that the market has not really expected.

    The only really noteworthy thing was seeing that at least I know we get volume on a swing downward sometimes. That's a relief, lol. For a second I thought we lived in a post Terminator equity world now and that all volume was computer generated.
    Sep 01 20:44 pm |Rating: +1 0 |Link to Comment
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