Cramer's Mad Money - Buy Bank of America (3/10/09) [View article]
Everybody is happy with the recent rally. Unfortunately my charts are telling a completely different story. Several key charts and indicators are loosing the support lines, and the trend is overall bearish. I hope to be wrong, because an uptrend now would be good for all, but unfortunately the charts are seeking for a bottom that is deeper than todays prices and indexes..... This rally is giving investors the opportunity to sell at better prices, thats all..........
-
Everybody is happy with the recent rally.
Mar 12 19:23 pm
|Rating:
0
0
All Comments by Chaim Kimelblat aka Schpekulant »Cramer's Mad Money - Buy Bank of America (3/10/09) [View article]
Unfortunately my charts are telling a completely different story.
Several key charts and indicators are loosing the support lines, and the trend is overall bearish.
I hope to be wrong, because an uptrend now would be good for all, but unfortunately the charts are seeking for a bottom that is deeper than todays prices and indexes.....
This rally is giving investors the opportunity to sell at better prices, thats all..........