Timothy Eklund Male Northfield, MN United States: Like

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Timothy Eklund's Page

Profile Information

What's your current long term market stance?: Neutral

What's your current intermediate term market stance?: Neutral

What's your current short term market stance?: Bearish

What is your style of investing? (You can choose more than one.): Swing Trader, Trend Follower

In which markets do you trade or invest?: Stocks

How long have you been trading or investing?: 20-40 years

Have you read "Reminiscences of a Stock Market Operator?": No

How did you find TheBullBear.com?: Internet Search

Timothy Eklund's Blog

market rollover...?

Posted on October 26, 2010 at 5:48pm 1 Comment 0 Likes

Would appear that a November swoon in equities could be in the offing. Divergences between a variety of technical indicators and the indecies provide the technical backdrop, and with earnings season past and money managers likely looking to book profits for 2010, appears things are ripe to see a sell-off.

Charts would suggest, if such a sell-off occurred, that a downside target could be in the 10,300 range.

tim