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The Market Trader Tao
NeboXian's Day trading journal
is updated live during NYSE market open with observations , technical analysis and trades as they happen.
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Friday, March 14, 2008

The Bear Is Here

Official Bear Market
100 week weighted moving average ...each week has closed lower 
and below the 100 period moving average begining the first 
week of January 2008...also the  100 week and 20 week moving
 average crossed down in the past two weeks....
..we are officially in a declining bear market..
..expect to visit the lows of the past 4 to 6 years over the next
  60 weeks.........Neboxian

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