|
| Been away from the computer and thus took the day off from the markets-Just pulled up the Dow Jones hourly chart-Holy moley-Ck out the 2 oclock bar-500 points down in an hour? In my mind that bar is a whole lot worse than the bar printed at the open on Mon that everyones talking about-mons bar ended up closing towards the highs-This afternoons bar closed on its lows-Albeit on low afternoon volume-Been around the radio all day-All the talking heads are saying-"Yea the smart money is goin in and scooping up all the bargins" Isnt that what they always say? Its almost like they are singing a lull a bye to the general public-They may very well be right-But that 2 oclock bar tells me the crash is still ON-Will be very interesting tomorrow at the 8-30 open when we hit the volume-And also we need to give the long term trend-Which is up-The respect it deserves
Edited by Fishguts2 8/25/2015 22:06
 (Hourly Dow Jones.jpg)
Attachments
----------------
 Hourly Dow Jones.jpg (65KB - 76 downloads)
| |
|
The stock market crash of this afternoon
