Interactive Widget --SPY Mimics S&P 500

Monday, October 17, 2011

Monday 10-17

After a quick drop at the opening, today's decline was neat and orderly.  This is probably the beginning of the next down phase I mentioned on Thursday.  The wave action appears to be at quite a small level of trend.

It was a consistent down day, with all the major indexes dropping - even oil and precious metals - and a decline in all 30 DJI stocks.   In fact, the blue chips got hit harder than the more speculative issues.

DJI      -2.13%
SPX    -1.94%
NDX   -1.58%

Note that I've added an interactive chart widget at the top of the page, courtesy of freestockcharts.com.  Play around with it a little bit.  It's quite versatile.

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