5 Days Up…5 Days Down? « InvestingFreak.com

29Nov/08

5 Days Up…5 Days Down?

Well I am back I am sorry for posting once a month.

Past 5 days we have had a huge rally but the volume has gone the complete oposite.
It seems like someone has been manipulating the market instead of this being a real rally.

S&P is still well within it's downtrend channel that started back in september so This rally is another setup for failure. Notice the volume that I mentioned...

I dont have much to say other than I am short at the moment.

I hope everyone had a good thanksgiving and time to get back to work.

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