Monday, July 12, 2010

7/12 - morning scan


  • the most oversold stocks that have had their recent bounce are turning lower again
  • a few stocks are just starting to show bullishness now...some even to new 6 month highs..
  • overall, i think the main wave down is over and we have come higher but still in a downtrend..so maybe 1 more wave down, but not huge then we start our 5 waves back up...but i think we will close in the red today and down a few more days and come all the way back with a strong rally end of this week or next

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