Wednesday, November 12, 2008
yet another smashup
to frame your observations. should you prefer a reminder of other seasons -- spring, summer and winter.
UPDATE: finished the day on the lows, off (-5.1%) or a touch more for another of handful of the worst down days in this collapse. this chart of the QID shows a trend channel bottom around 76, which might be an decently positioned stoploss in case of subsequent rally.
UPDATE: more on testing the lows from barry ritholtz.