Tuesday, October 14, 2008

mkt news

A pullback is basically similar to a hangover remedy - you feel all f***** up the next day morning, take another shot and you feel good but that doesn't last long as you've screwed up yourself more by drinking!!

Todays pullback saw a morning spike high to 3729.4 but after that it kept falling and closed below yesterdays close. Does this mean the PB has fizzled out? Maybe, but tomorrows price action will make things a bit clear. In the mean time, take a look at Reliance (below) struggling with its own hangover.





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