Global Capital Reserves: Stocks Dive Through Support, Dow Loses 300 Points

Thursday, May 20, 2010

Stocks Dive Through Support, Dow Loses 300 Points

We have now broken through May 7th low and the 200-day moving average. We're in correction territory! Note, however, the divergence in volume, which has turned bullish.

S Benard at 11:23 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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