Market health

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Ganalane

Rank: President [?]

Points: 3111 [?]

Votes: 70 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Market health

posted on Mar 10, 2011 11:02PM

I think we might be into a real correction in the general markets. I really like IBD (just wish they covered Cdn markets) and they have changed their outlook to Market in Correction. This is based on how many down days in heavier volume over a certain period. As well, some market leaders have been taking some hits, falling below their 50 day MA. Netflix in the US, DML, TCK as well in Canada. The VIX is climbing higher, tho a bit below its recent high a couple weeks ago.