Discuss Market Comments 10/20

Initial support breaks- As we suspected, stocks opened up lower yesterday after earnings reports from IBM and Apple on Monday evening, and dip buyer did not seem to want to step in front of this train. Throw in a rate hike in China and we saw losses of nearly 2% in many indices and a break of the initial support area....

Market Commentary for 10/20/10

Current Daily Market Commentary

 

[Cortez]

Good analysis. Basically it is a game of wait and see if the dip gets bought. If not, then equities is not the place to be.