Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Friday, July 30, 2010

Friday Pre-market futures...

The Friday pre-market futures are looking downward. I sold all 3 of yesterdays buys to get out of the way of the selling that is coming this morning. At 7:23 a.m. I exited BYD at 8.53, MBI at 8.72 and CIGX at 2.01 through e.c.n.s The next short term trendline support is the lower channel line of the secondary ascension channel which passes through at 2197 on the Nasdaq.


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