Cusick’s Corner 05-18-2012
The term capitulation (surrender or giving up) has been often used when referencing the latest market action. While this action has been negative, I have not seen the volume that might represent a bottom or “V” bottom setting up. Looking at late summer and early fall 2011 SPY charts, when the market turned north there were 300 million plus shares of daily volume in SPY. This negative action actually has been a positive to Gold, GLD, and in markets which have popped … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards