Thoughts and Insights on the Markets, Economy & Crowd Psychology
Thursday, October 11, 2007
NDX Pull Back
The NDX took a nice pull back today after JP Morgan downgraded China darling BIDU. The overbought NDX got a much needed breather and took out the lows of the last 3 days.
The NDX bounced a little at the end of the day to form a tiny bottoming tail, we'll see what tomorrow's action brings us.
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