Tuesday, February 26, 2013

Better Fix This Soon


Chart courtesy of Finviz.com.

Futures are up a bit this morning pre-markets.  That's good because we've seen some technical damage this past week.  Don't like this series of lower highs and lower lows.  I really don't like how we reversed hard off of an initial rally yesterday.  Some folks are attributing that to the election situation in Italy.  Never a good thing in my book when we erase almost all of a month's gains in a few days.