The Hedge Funds Weblog
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April 14, 2005
Thursday Market Ap 14
Filed under : Companies and Markets
The selling we have seen in US markets this week is more of a Lack of Buyers, and not Option EX..
The Option Ex shows signs of buying pressure.But after the open Friday we should resume the sell off.
I have a target of 10196 on Dow 30 cash. Are over bought/sold index is near bottom so buying should pick up next week.
Oil had buyers today and Gold had sellers…and when there are sellers in one there are buyers in the dollar.
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