Tuesday, May 11, 2010

EFA Europe is scary….

efa 

Even with the promise of money to bailout Greece and support the banking system there was not much of a pop in the European Stock market to give me any faith. Entire weekly bar is below 50 week MA, RSI below 50, and broke through the lower resistance line. I will not be putting any money in the I-Fund at work or European stocks.

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