MER Ready for a Rise? -- MrSwing

You Are Here: Home > Articles > Commentary > MER Ready for a Rise?

MER Ready for a Rise?
Aug 27, 2008

Tim Knight

editor
More articles

Font Size:

Phew, not a very good day for the bears! Ouch!

I'm not too shaken up by the charts I am seeing, but I will note, as I did yesterday, that some of the financials may have been battered enough to mount a rally. MER in particular, based on the retracements, looks enticing. I'm not going to act on it, but I wanted to share the chart.