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Message: Tuesday Market, Oct 6

Tuesday Market, Oct 6

posted on Oct 06, 2009 09:49AM

On Pink Sheets (But, awaiting the soon-to-come jump to OTCBB) - BEHL sp is in deep Bear territory with the recent lower-high and more recent lower-low. Although Daily Stoch is trying hard to converge and turn, other techs are showing no help with Mac diverging and OBV in a down mood for the last several days. ALthough fundamentals apparently have not changed, DD may be required.

Dow is coming off of a good Mutual Fund Monday, and technically bouncing off the lower Daily BB, although still needing to bottom and converge the other techs of MACD and Stochastic. If an up day, today may turn the other technicals. Just need to see if a new higher-high can be made over the next few days/week. This after a lower-high and lower-low recently signalling a trend change (bearish). Everything pretty much up, up and away...

Energy stocks getting an early boost, along with the rest of the Market.

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