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Message: Wednesday Market, Oct 14

Wednesday Market, Oct 14

posted on Oct 14, 2009 01:55PM

On Pink Sheets - BEHL sp hanging just above two-and-a-half pennies. Super Joe has expressed it quite well. Technicals for 60min and Daily are, well, just plain bad. 15min trying to turn so there may be some rebound, but not likely much of one. Very difficult to change direction once that direction has been decided. Someone has been selling since the open and it is starting to let up slightly volume-wise.

Dow just busted the 10k mark a moment ago. May not close at above 10k, but this is a milestone to all of the talking heads. May get more tomorrow when GS reports. Sould GS reports bad numbers, look out below. All of Market pretty much up except for a few gold miners. Options still expiring later this week so beware. Might be the spec plays are suffering because of how well the Market is doing and speculators are taking their spec bucks and putting them into the regular Market. Diversification. Nuff said.

Energy sees Oil busting $75, Natgas down, and Solar up a touch.

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Oct 14, 2009 03:29PM
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