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Week on Wall Street
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If by "the trend" you mean one step forward and two steps back, I have to agree. Today (Friday) seems to be one of the one step forward days. At this rate it appears as though the DOW will bottom out within the next eighteen-months at about 9,796, and will claw it's way back to 11,000 over a period of about five years; followed by another five-year boom. It's a good time to be a long term investor!
Johnson's comment on markets: "looks like we are getting back to the trend "
question: so you could not tell that all the action in the financials today was actually selling (= net money flowing OUT) into strength?
still equating "price" with market action, oblivious to the UP/DOWN volume? sad.
