TECHNICAL VIEW . The Principle of History. Two historical technical observations today: 1. Capitulation: Where the Heck is It? CNBC keeps interviewing floor traders and reporting from the New York Stock Exchange that everyone there is anxiously looking for that big bout of capitulation, selling, to end...
UPDATE ON THE STOCK MARKET . Written, Tuesday, May 20th, 2008: 6:30 a.m. Another one of those turnaround stock market days yesterday. At 2 p.m. things looked great but then stocks reversed downward and by the close there were more stocks down than up on the NYSE , 1479 vs. 1681. While numerous sectors...