Wednesday, February 20, 2013

Hard selling

The straw that broke the camel's back


What's that you say?  The Fed MAY possibly consider potentially drawing down quantitative easing measures because the economy is getting better?!?  SELL SELL SELL!

Strange, isn't it?  Nonetheless that was the reaction to the Fed minutes today.  It may have been the last catalyst needed to start this giant snowball rolling downhill on the way to the sequestration deadline.  It fits with the weekly charts and the RumWave chart.  I suspect some kind of bounce early tomorrow, but we'll see if it holds.

Today's scores:



GOOD LUCK TOMORROW!

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