Ian Woodward's Investing Blog

Stock Market – “PIGs” Fight Back!

Maybe Hellicopter Ben came to the rescue today by announcing there would be no change in Interest Rates, or maybe it was a weak bounce from a badly oversold market, but the Banks were strong today with Goldman Sachs making the biggest gain…go figure!



Let’s see if my suggestion that  the Bears must get cracking by this weekend or this market is headed up again one more time comes true.  The Orange Line held:


It seems from the number of hits I had yesterday that many of you are enjoying the Bullseye picture which as you all know is the %B coming up through the Bandwidth and/or there is a big Kahuna which is a one day change in %B either to the upside or downside.  Here are a couple of tidbits for you again today:


Best Regards, Ian.

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Disclaimer: Commentaries on this Blog are not to be construed as recommendations to buy or sell the market and/or specific securites. The consumer of the information is responsible for their own investment decisions.