Monday, June 15, 2009

06/15/2009 After Bell Quick Summary

Good chances a rebound at least tomorrow morning.

ISEE equity only index readings now is at 232, which is the 2nd highest readings since March bottom. The last similar extreme readings was May 5 (225) and May 29 (237), SPX was up huge after both date. The big differences between today and those 2 days were that today is a huge down day. So will today be different than that of those 2 days? Well, I have no idea.

5 comments:

  1. Well at least the indicies/ETF worked from last Friday's high reading!

    Frank

    ReplyDelete
  2. Was today a major distribution day?

    ReplyDelete
  3. Yes, it's a Major Distribution Day.

    ReplyDelete