Ian Woodward's Investing Blog

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Stock Market: The “PIG” Strikes Again!

I had to stretch my Acronym a bit but Portugal, Institutions (ala GS) and Greece all hit the headlines today and that caused a “Really Big Shoe” to drop with a 2% decline today in most Market Indexes.  Let me not waste time with words, but show you the four pictures that sum up all our feelings for the day.   One more day like today and the Market Indexes will be below the Lower Bollinger Band, and you all know I don’t have to spell that out for you!  Seminar Attendees will enjoy the Last Chart.   The charts are well annotated so you draw your own conclusions:

shoe

vix

s

ss

Enjoy!  Best Regards,

Ian.

This entry was posted on Tuesday, April 27th, 2010 at 6:26 pm and is filed under HGS Principles, Market Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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