Okay, the indices are all down again having gone from high to low, from upper left hand to lower right hand corners on the charts. The indices have now set up an afternoon session double bottom and we will see if that can spring a rebound into the close. Thus far the initial bounce attempt was met with selling. Hmmmm.
SP500 -54.40, -2.03%
NASDAQ -154.82, -2.21%
DJ30 -607.73, -2.45%
SP400 -1.92%
RUTX -1.66%
SOX -2.52%
Picked up the SDS, MLNX downside positions earlier. Closed some others and without a bounce there are some struggling at support we are not crazy about.
Jon Johnson, Chief Market Strategist
InvestmentHouse.com
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