Discuss Market Comments 11/17

The breakdown- The market indices lost their battle to stay above the 20-day EMA as the breakdown took most of them closer to their 50-day EMAs. The Dow lost 178-points on the day and the losses were pretty broad...

Market Commentary for 11/17/10

Current Daily Market Commentary

 

[Cortez]

It appears that the dollar and currency moves are the primary drivers of equities at this point. Any TSP equity entry should be timed with a weakening of dollar strength.

 

[tsptalk]

The dollar is hitting the top of its declining resistance now. Should it hold, today may be the day to buy. But if it doesn't hold....

 

[Guest]

Congrats on the sentiment survey's success!

 

[tsptalk]

Thanks. I wish I was smart enough to have followed it.

I wonder if any of our readers have been following it closely?