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Message: Monday Market

Monday Market

posted on Aug 31, 2009 12:19PM

On Pink Sheets - BEHL sp did not see its usual opening pop out of the gate. Techs show current 15min and 60min Bearish. Daily Techs now seem more definitive with Daily Stoch peaked, turned and touching to Bearish to make Daily techs all Bearish today. Cost averagers are no where to be found. Bad for current holders but good for those wanting in, but still may not be the time to add more as could be further pain, as noted last week. Hard to change the mass direction once it tips. A few hits on Repair's laundry list could possibly change things, but until then...

Dow hit pretty hard at open and trying to come back. However, the techs show a change in the winds with both Daily Stoch and Mac peaked and crossed. Daily OBV shows buying. May be the start of a down cycle that is normal in the Market. Gold is also down and running with the market. Seems it is everything up or everything down in the Market.

Energy is hit on all fronts. Oil down, Natgas down and Solar down. But, pretty much all of the Market is down.

Posts seem to have gone down to a mere trickle over here on the BEHL area. Laundry... speaking of laundry, gonna go move a load into the dryer. Everyone have a great day.

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