A slight edge to the bears PDF Print E-mail
Written by Gary B. Smith   
Sunday, 22 November 2009 17:56

Last week was very interesting as the bears tried to take complete control, but couldn't quite shake the bulls.  We'd really need to see a devastating multi-hundred point drop AND on high volume for the bear story to play out.  However, all we've saw were some mildly down days.  I still think the bulls are on the ropes, but barely.

                 A slight edge to the bears

 

As for last week, it's really the first week I can say the market won.  Winners were TRA, STI, JST, SLV and DKS.  Losers were VIP, IGTE, BRS, CGNX, KMT, CNH and SPG.   SMRT was pretty much unchanged.  Blame it on the sharp selloff we saw on Thursday!