Late Selling Sends Market Lower! SPX, Nasdaq, OSG, FRO, TK, AAPL, GOOG, CMG, NFLX, SNDK, VMW, MON, DNDN
Posted on June 30, 2010 at 19:51 PM EDT
The market spent most of the day defending the SPX 1040 level. We saw some bounces in the morning. But, like I said in my article last night, "…the momentum is on the downside right now, and, bounces may invite more selling." In the last hour of trading, the selling resumed on heavy volumes, ending [...]