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Rally Time Items to Watch

Posted By Barry Ritholtz On August 21, 2009 @ 12:25 pm In Technical Analysis,Trading | Comments Disabled

A few things to note about this rally:

• The volume is absurdly light– even for August;

•Today is an expiration day, with the bias to the upside;

• Professionals are fully invested; Individuals are mostly under-invested;

• Markets are now 53% up from the March lows;

Yesterday, I did an interview with Yahoo Tech Ticker [1] going over why I thought this is now a dangerous rally — but one that can continue for some time. (Video Here [2])

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2009/08/rally-time-items-to-watch/

URLs in this post:

[1] Yahoo Tech Ticker: http://finance.yahoo.com/tech-ticker

[2] Video Here: http://www.ritholtz.com/blog/2009/08/professionals-are-buying-the-stock-market-rally-are-you/

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