Free Market Video Jan 30 2011

January 30, 2011 by  
Filed under Free Market Videos

Jan 30 – Egypt was apparently the reason the news gave to the drop in Friday’s market. I’m sure it has nothing to do with the fact that we’re just simply over extended and the markets are in dire need of a pullback. Naw…..let’s go with the Egypt thing. If that’s the case then let’s see if there’s any follow through by the bears this week in anticipation of the jobs numbers at week’s end. The bulls have been pretty adept at fooling the bears into thinking that ‘the pullback’ is here and then buying the dips. Let’s see what happens the first few days of trading. If the bears are really serious about the move on Friday they’ll continue with it early this week.

Comments

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!