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Stocks the Nervous Norvis Market (Chart and View)
BobbyDelray
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4-9-2009 12:12 PM
151 views
tags:
stocks
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investing
,
s and p 500
,
market
,
economy
,
business
,
finance
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e278c416-918a-43c1-a514-fcf77f7ddf8d/2D7B6E2E-1B03-4D6F-A311-BF242AEB342B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://allamericaninvestor.blogspot.com/2009/04/stocks-nervous-norvis-market-chart-and.html" href="http://allamericaninvestor.blogspot.com/2009/04/stocks-nervous-norvis-market-chart-and.html" style="font-size: 11px;">allamericaninvestor.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/stocks-nervous-norvis-market-chart-and.html"><DIV>When the market moves down for a couple of days your typical Nervous Norvis <SPAN>bull </SPAN>gets sweaty palms and heart palpitations. A couple of days down and the bears are pounding their chest. The only thing the bears can think about is bad news. Left to wonder of course, <SPAN>why is the market going up with all this bad news--the world is coming to an end.</SPAN></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/stocks-nervous-norvis-market-chart-and.html"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/allamericaninvestor.blogspot.com/img/36A0CD12-6510-4E93-B518-65C9E890F670" alt="Stocks the Nervous Norvis Market" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/stocks-nervous-norvis-market-chart-and.html"><SPAN>The Stock market is in a classic uptrend from the capitulation low.</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://allamericaninvestor.blogspot.com/2009/04/stocks-nervous-norvis-market-chart-and.html"><li style="margin-left:16px;padding-left: 0px;">During the capitulation phase the slope of the market became too severe to maintain and the market hooked off the lows as should have been expected. See: <A href="http://allamericaninvestor.blogspot.com/2009/03/s-and-p-monthly-chart-indicates-sharp.html"> <SPAN>S and P Monthly Chart indicates a sharp rally is coming soon</SPAN></A><SPAN>.</SPAN> S and P 500 in the 676 area. See:<SPAN> </SPAN><A href="http://allamericaninvestor.blogspot.com/2009/03/s-and-p-500-rally-comes-as-predicted-on.html">S and P 500 Rally Comes as Predicted</A><BR /></LI></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/2D7B6E2E-1B03-4D6F-A311-BF242AEB342B/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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