US Stock Market Update: “That Ain’t Right”
Posted on October 24, 2008 at 11:00 AM EDT
1:30 pm EST update: The rise in the broad market from the opening ‘limit down’ condition has been occurring on decreasing volume. When prices advance and volume declines that tells me that something is not right. From a technical perspective, it tells us that this rise since the open is prone to fail. ...