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With the exception of EDXC, – If, Then… Market Timing

With the exception of EDXC,

By Rod David | April 7, 2014 - 10:46 am

With the exception of EDXC, everything sold Friday is down from a little to a lot. I have said before that EDXC is one of my favorites, with my favorite being PHOT (which at least is not making a fresh low, yet). Several that were higher earlier are now much lower, and the broader market seems neither willing nor interested in recovering this morning. But the favorites that I noted in the Open”s Interest blog post, and the degree to which Friday”s sells are extending lower, only underscore my caution of the past 2-3 of weeks… Which, by the way, is 2-3 weeks of a normal correction ALREADY played out.

Posted in Bigger Picture