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Is the Market Going Back Down?

The markets have been on a tear and the bulls have been been out ripping the bears to shreds. But the bulls cannot forget that the bears are still there. They might have been hibernating for a bit, but they can come out and act quite fiercely.

Market Sentiment Seems Bearish

Looking at the Markets these days, I'd have to say that the sentiment is growing more and more bearish every day. There are some stocks out there that have been doing great (especially the large cap tech stops like AAPL, GOOG, and Palm. These stocks have screamed along, gaining a lot of percentage points since the lows. however, the moving averages that they're bumping their heads on look pretty strong and the resistance seems to be growing each day, especially when you consider reports such as the unemployment numbers that came out yesterday.

Tech Loaded - A new technology blog

Since I've been trading and tech is my primary interest, I've started trading the Qs. I've also decided to start a technology blog with a few of my friends. It's called Tech Loaded. Hope you go there and enjoy it.