Tuesday, October 27, 2009

Stock Market Update - October 27, 2009

Money flow is moving up ... as we talked about last night.

As for the daily cycle it has a little more room to go down ... money flow. Today was a 65% down volume day for the NYSE and money flow into the broader market was basically flat. The bigger picture is that the direction of the dollar is going to determine the direction of equities.

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