Sunday, July 27, 2008

Rebound and Correction

Bullish sectors are making a correction. Bearish sectors are making a rebound. A look at the various sectors:
USA Longterm Midterm Shorterm
S&P500 Down Down Neutral (+)
DJI Down Down Down
NasdaqComp Down Down Neutral (+)
Natural Gas Up Neutral Down (-)
Oil Down (-) Down (-) Down
SecurityBroker Down Down Neutral (+)
Bank Down Down Neutral (+)
Insurance Down Down Neutral (+)
Housing Down Down Neutral (+)
Shipping Neutral Down (-) Neutral (+)
Steel Neutral Down (-) Down (-)
Retail Down Down Neutral (+)

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