Tuesday, March 13, 2007

Stock Market Headed Lower?

The rest of this week will tell investors what's happening, and it doesn't look good.

As the chart below shows, the danger now is a significant move down.



Prices have risen 4 out of the last five days, and could not get above the big volume day of February 27th.

Prices are now headed lower and technical traders will sell this market as prices drop below the lows of the 27th.