The Growth Stock Report

The commentary here is for active traders. Our analysis uses a combination of fundamental and technical properties used by hedge funds and institutional money managers.

Wednesday, September 03, 2008

Bears' Unloading Sets Tone

Two days of distribution lead-off the S&P 500 for September, which is traditionally one of the market's weakest months..

We'll hoist the Red Flag sellers' bias once the 50-day MA is broken with a close below this mark.

We expect to see volatility ramp-up in the coming weeks as market players battle it out for control of direction.