Small caps are leading this charge down. This is very
un-like the "corrections" we have had in the past year (where the
small caps have diverged mid-correction and started to rally near
the end of the correction). Now the 50 day MA is gone on
SP500..... starting to look a bit like the flash crash set up of a
year ago.
Small caps getting hammered
Posted by kalinm on 17th of May 2011 at 11:12 am
Small caps are leading this charge down. This is very un-like the "corrections" we have had in the past year (where the small caps have diverged mid-correction and started to rally near the end of the correction). Now the 50 day MA is gone on SP500..... starting to look a bit like the flash crash set up of a year ago.
What's the consenses? Correction or
Posted by jamesl on 17th of May 2011 at 11:15 am
What's the consenses? Correction or beginning of bear?
Too early to tell?
nobody knows...
Posted by ranger on 17th of May 2011 at 11:36 am
nobody knows...
Txs ranger. At least I'm in
Posted by jamesl on 17th of May 2011 at 11:40 am
Txs ranger.
At least I'm in good company!