"Technical analysis at these levels is not as helpful as one would like as markets are blowing through support levels quicker than we can identify them."
Lee Adler, who runs Captialstool.com, has a saying: "There's no such thing as support in a bear market."
This Frankfurt guy is posting all over the boards about how the market is going to crash, DJIA 9000 by December. Maybe he's right, or maybe he's hoping to get enough exposure to cause it (fat chance, buddy). Personally, I don't care if it crashes or rallies, I just want it to do SOMETHING other than this trading range crap.
Friday Outlook: Commodities, Emerging Markets [View article]
Lee Adler, who runs Captialstool.com, has a saying: "There's no such thing as support in a bear market."
Tuesday Outlook: Commodities, Emerging Markets [View article]