Financial stories are floating around in the small harbor of the little village I live in near the sea, somewhere lost in the fog of an Atlantic coast. Seagulls, fisherboats and the pub where we sing at night. To forget about the mess we made... Bankers, analysts, traders and others drifting around - all welcome home
Wednesday, 24 June 2009
Losing steam
Another graph illustrating market weakness, comes from Brett Steenbarger. New 20-days lows outpaced yesterday the new highs for NYSE, NASDAQ and ASE. This high low line is a moving average over 20 days.
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