Sunday, January 23, 2011

Was That a Top?

Jason Cimpl submits:

The bears do exist.

The market finally fell Friday, in the first day of decisive selling for months. Volume was high as the indices fell in rapid order from the open. Additionally, the Russell was absolutely hammered, which does not bode well for aggressive investors. Also of note, the decliners outpaced advancers by 5 to 1, something we have not seen this year.


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