Ian Woodward's Investing Blog

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:





Enjoy!  Best Regards,


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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.