Studying the Top Volume today, it seemed like many blue chips had it's run stalled. It also looks like the market will be having a sell down soon. I am not sure when but it certainly looks like it. Many ultra pennies started to run and something peculiar is happening, many blue chips seemed very lackluster and tired at the moment. They are not responding to the Dow Jones +270 points rally last Friday. It could spell some weakness in the short term but it's also hard to short sell as the market requires some time for distribution first before some selling can be seen. I am getting ready my CFD account for shorting soon. Let's see.
Ronald K - Market Psychologist - A Stock Market Opportunist
