Monday, January 5, 2009

After recent rally many bloggers neutral, IBD distribution days

"The session marked a distribution day for three of the four major indexes. The updated count now reads five for the Dow, four for the S&P 500 and three for the Nasdaq since Dec. 11. It's never a good sign when the market starts flashing multiple signs of selling in elevated volume. The Dow's five distribution days in the past 3 1/2 weeks raises questions about the health — and fate — of this rally." IBD 010509







Palisades Research gives 75% down probability for NDX for tomorrow (Tuesday)

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