Market Comments Submitted by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

The Big Ugly Close

Todays big ugly close left the DJIA teetering right over its 200 day MA. If were going to have a bounce its going to have to happen soon. Otherwise, if we pierce the 200 day MA, we may have to actually kiss the primary uptrend goodbye. Still, despite today's strong dose of pessimissm, there were several stocks and industry groups that did rather well. Medical Product makers and Fertilizer stocks were able to do quite well. Some notable stocks in these groups include: II, and CF, MOS, POT

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