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Message: Wednesday Market, Dec 9

Wednesday Market, Dec 9

posted on Dec 09, 2009 12:32PM

On The Pinks - BEHL sp still trending down, down, down. Unfortunately, this lower-low indicates more Bearishness to come. The cycle up, if a lower-high would confirm the continuing Bare Claws. Could be a reasonable time to add to an established position, or to get out or scale back when the upswing eventually comes. Technicals are looking uglier than the usual ugly, so be aware. The recent PR was a bit confusing concerning working on staying on the Pinks, when it seems going to OTCBB was supposed to happen. Might be why sp is now below a penny.

S&P500 is a touch down. Market is pretty much mixed while generally Miners are up and NatGas and Aerospace down. Market is unsure of how to react to the Health care package that will likely be pused through. Well, a healthy unemployed person is better than a sick one. A surplus of oil being reported, Foreign credit (Spain, Greece, UK) concerns keep popping up, and Dubai stocks going downhill.

Energy sees Big Oil stocks and NatGas generally down, while Solar up.

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