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Message: Thursday Market, Oct 22

Thursday Market, Oct 22

posted on Oct 22, 2009 12:07PM

On Pink Sheets (But, Not For Long) - BEHL sp still showing technicals that put the "Ug" in Ugly. Yesterday and today has seen the floor at 0.0260 so far, trying to stay above the previous low of 0.0250.

Dow is in a good mood this morning after yesterday afternoon's Bear raid on the Market. Although Dow is up, S&P is down and Russell 2k is down. S&P is a better indicator of overall market movement, and R2K is a good indicator of the small caps. Banks generally up, Miners down, ocean transports down, technology generally down, and restaurants up on good MCD numbers. Today's up day by the Dow may be a DCB, so be aware.

Energy stocks getting knocked down pretty much across the board.

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