Top volume today consists mainly of stocks selling down. The blue chips and the banks gap down the most while there were also some strong stocks hanging on. I am not sure how low can the market go down but I think it might be a good time to start watching for good counters at the right price for buying at the right timing. Some stocks are also experiencing short covering at the moment as it started to rebound but I need to watch more signals if this short covering can later turn to buying or not. Watch and observe the Top Volume, there are just so many gems waiting to be uncovered. I had posit some into my watchlist when the market turns.
Ronald K - Market Psychologist - A Stock Market Opportunist
