Friday, May 15, 2009

Week 1 of Mercury Retrograde Market Performance Report

I was hoping against hope that this Mercury Retrograde would be different from the recent ones for a change, that the market could be just as confused but in confusion it might go up instead of down. Hope is certainly is not a good stock market strategy. Mercury Retrograde did its regular job on the market this week.

Dow Jones and S&P 500 are basically back to the beginning of last week, though they managed to end higher than the last week's open. Nasdaq gapped down on the weekly basis, and ended lower than the last week's open.


linus said...

nic blog arevamir.
today saturn turns direct in leo. it has a longer stick. expect reality on monday on pending decisions such as GM, etc.
mercury retro will continue slide due to information asymmetry.

arevamirpal::laprimavera said...

Thank you linus. I sense a bad thing coming from here in California over ballot measures. Highly charged air in offshore wind is not helping. Things feel unsettled...

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