Tuesday, June 24, 2008

Hammer to Spinning Top to Doji to ?

With just over an hour to go in the trading the DJIA, S&P and Nasdaq hammers are changing shape as the market pulls back after a brief rally. What today's candle will be at the end is anybody's guess, but a pause before the Fed announcement tomorrow should not be that surprising. Today's Action Moving Up: CLF, GS, BTU, V, X, FSLR, NUE, LEH, MS, BRCM Moving Down: BIDU, MON, POT, CF, SOHU, MOS, AGU, RIMM, DECK, MTL, AMZN, ESRX, MA, NKE, PCLN, FWLT See you after the close...

2 comments:

Anonymous said...

It was looking like a hammer day, ...looking forward to your commentary tomorrow, I have to tune in to see if the trend will end or not...thanks DJ for maintaining this blog!

MJ :-)

Anonymous said...

Thanks for sharing your insights.
Derek