Q: I'm not sure if there is an answer which can be given so I apologize in advance if that is true. The markets don't appear to like Bernanke's statements going by market action from 2 PM on and tonight's futures. My question is what should we be watching for in the near future to determine whether this is knee-jerk or the start of a serious reaction.
I know the obvious--whether the market goes up or down but is there anything else to watch such as extent, duration of any down, volume or some other internals. Are previous support levels still relevant in any panic?
Bryon in Elmira.
I know the obvious--whether the market goes up or down but is there anything else to watch such as extent, duration of any down, volume or some other internals. Are previous support levels still relevant in any panic?
Bryon in Elmira.