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Message: Today's Market, Nov 5

Today's Market, Nov 5

posted on Nov 05, 2009 11:30AM

On Pink Sheets - BEHL sp still feeling the squeeze. Today's low of 0.0230 is getting awfully close to the last low of 0.0225. Technicals show 15min and 60min Bearish, so likely today will not be an up day. Daily Techs have been ugly for a while. Also, be aware that the MA50 and MA200 have been converging and may lead to more pain should they cross back, which looks to happen within the next couple-three weeks. The big pop at the end of July coincided nearly perfectly with the cross of the MA50 above the MA200 at that time.

Dow is off and running with the good jobless claims news. The upswing is in full force and only need to wait and see if another higher-high can be made. Darn near everything is up with a stock or two, here and there, showing some profit taking. Hope everyone took advantage of the down cycle and made good choices.

Energy, as in Oil-NatGas-Solar, is feeling the luv all around.

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