where is bottom?

Stock market are dropping like hell each day. People lose confidence and it may take a long long time to recover. Try not to predict bottom for this crazy and hopeless stock market. This market might definitely drop back to the 2000 Internet bubble level, or event further. Situation look similar to the 1929 great depression period.

Market Watch

Stock market's performance is correlating with oil price.

USO, OIL up, then DIA QQQQ down

USO, OIL down, then DIA QQQQ up

The situation should be continue for a period of time.

The stock market is so depressed lately and so as people around the world. Everyone has feel the pain of high inflation caused by gas, food and etc.

Market watch

Down, down, down..... Financial, bank, airline sectors and etc. are all falling apart.

The only chance for the market to rebound is to lower the gas price and push dollar stronger.

Down trend for sure

Today's brutal down fall give us a positive signal that down trend is going to dominate again. It ends four months of rebound effort for the stock market.

Market Watch

Interesting to see QQQQ is holding strong, but I think it will follow DIA very soon.

Financial, bank and home construction sectors are continuing their downfall. Airline tend to rebound after oil drop a bit.

Financial and bank sector is still the key. Market's movement will act on its performance.

Possible market reversal, down trend ahead

Financial, banking, and home construction sectors are very week, most of them drop below their support lines already. Looks like we are going back to down trend situation. At least more market correction.

Market Watch

Market correction. If the market can rebound today or next Monday to stand above its support line, then the trend is still moving upward. Otherwise, expect more market correction to come

Falling again
After all the rebound (last four months) for the home construction sector, most of them are now fall below their support lines.

Potential sector: Solar
Look how much that ENER raise on its ER day. Maybe you can find the next star from this sector: CSIQ, LDK, JASO, ASTI, SOLF, TSL, SPWR, etc...

Market Watch

Stock market : remain upward so far, the key is financial sector

Sector:
Up a lot lately, some likely to pull back
Agricultural
Energy
Solar
Technology
Steel
Home construction

China stocks are likely to start rising from bottom, (CHNR, JRJC)

Still under water
Financial, mortgage
Bio-tech, Drug

Falling
Gold

Market tend to break resistance line, dunno if it wil last

To my feeling and observation of the stock market, it's starting to rise from the bottom if the market continue to rise next week (at least short-term, don't know about long-term). Some stocks have been jump up and break their resistance lines.