Monday, June 6, 2011

Market Is Dangerously Oversold Now

Extreme oversold conditions always have preceded significant sell offs or crashes. After five consecutive weeks of correction, indices are dangerously oversold now.  A bounce is a must and very likely at this point.

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.