Wednesday, July 11, 2007

Makes More Sense Now - Delayed Post

Tuesday July 10th, 2007

The NYSE Tick started out extremely weak. It took about 20 minutes for the Tick to get noticeably above the zero line. This weakness is not normal. Price did a "Gap and Go" lower. It was not obvious early in the day as price chop mostly sideways.


Combine today's weakness with yesterday's weak CAT Indicator readings and I started expecting a big down move was highly lickely and that price would not close the Gap. It took a ling time, but Price finally caught up to the CAT Indicator.

Trade Wise, Trade Well
John

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