Saturday, February 14, 2009

Final Selling?

Majority of the sectors have been downgraded, only biotech is still standing. This could be the final selling:
USA Longterm Midterm Shorterm
S&P500 Down Down Down (-)
DJI Down Down Down (-)
Nasdaq Comp Down Down Neutral
Russell 2000 Down Down Down (-)
AMEX Natural Gas Down Neutral Neutral (-)
AMEX Oil Down Neutral Neutral (-)
AMEX Security Broker Down Neutral Neutral (-)
KBW Bank Down Down Down (-)
KBW Insurance Down Down Down (-)
PHLX Housing Down Down Down (-)
S&P Retail Down Down Down (-)
AMEX Biotech Down Neutral Up
AMEX Airline Down Down (-) Down

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