Stock Market Analysis

Tuesday, June 13, 2006

Daily Market Comments 14 June 06 by

Another bearish day in the markets. Bearish sentiments continue to dominate after a futile attempt to stay bouyant in the morning trading hours. DJIA was down 0.80% and NASDAQ down 0.90%, in a broad based move downwards. Such gradual and broadbased move downwards is certainly signature of a steady bear market. Evidently, there have been bullish forces at work trying to keep the market bouyant but to no avail. Looks like it is going to take something more spectacular to turn things around.

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