Friday, July 3, 2009

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.

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