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If you look at the Volume by price ( Volume profile) on a daily, there is Value right about here. but for a trader you don't want to buy at the value, no discount, the question is will the market discount further for a good buy?Al_Dente wrote:SPX stocks above 200ma = 47.60 % as of Fridays close.
More than half (238) of the SPX-500 stocks are BELOW THEIR 200ma
Oy
And now in the last ten minutes ROUGHLYTrades with cats wrote:It was Mr. Bullard again. Only I don't think it will mark a major bottom this time as what he is suggesting is already priced into the futures.