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Wednesday, October 5, 2011

Cara Community

Cara Community


Tables & Charts for Tuesday, Oct 4th, 2011

Posted: 04 Oct 2011 09:02 PM PDT

Bill Cara's Blog for Oct 4, 2011

Posted: 04 Oct 2011 04:00 AM PDT

CTA Trading Desk Morning Report

[10:00am ET] Good morning. Geoff here.

A few interesting levels are being hit. The Russell 2000 index is trading roughly around 605. That is around the 50% retracement from the 2009 low which is close to the round number of 600 and close to where it found support last summer. We are oversold and approaching multiple support levels with negative sentiment.  That would normally be a sign for me to be looking for buy signals in Cara 100 stocks.
 

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