Too much data out this week, ECB is a wild card that could induce a break either way. I'm sitting this week out.
I wish I could get a re-entry for SKF. I am still expecting financials to be technically oversold at some point (like now)...When is the damned miracle mortgage bailout going to be announced?
SKF on the way to $160? Looks as if there's no end in sight. As long as the volume keeps increasing...I'm holding on.
ReplyDeleteI also use the RSI, SMI and the MACD and none have shown a change in attitude...yet.
Too much data out this week, ECB is a wild card that could induce a break either way. I'm sitting this week out.
ReplyDeleteI wish I could get a re-entry for SKF. I am still expecting financials to be technically oversold at some point (like now)...When is the damned miracle mortgage bailout going to be announced?