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

MER Ready for a Rise?
Aug 27, 2008

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Tim Knight

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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.

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MER
C:11.64

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