Monday, January 21, 2008

Capitulation?

One factor missing from the recent decline in the U.S. equity markets was a capitulation trading day. A capitulation trading day is one where the markets decline (even if only intra day) on heavy trading volume.

Today's trading in the Asian an European markets have seen significant declines in market indices across the board. Will this lead to a capitulation trading day in the U.S. markets on Tuesday?

(click on tables for larger image)



Source: Yahoo! Finance (1 21 2008)


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