DOW BREAKS NOVEMBER LOW – FINANCIALS LEAD LOWER – SHAREHOLDERS BAILOUT OF CITIGROUP – GE TRADES LIKE A BIG BANK – DOW STOCKS UNDER $10 – MACD TURNS BEARISH FOR THE NASDAQ – EUROSTOXX ETF TESTS SUPPORT ZONE

As noted yesterday, a close below 7552.29 in the Dow Industrials would confirm a Dow Theory sell signal. The Dow Transports already did its part with a close below the November (closing) low on 20 Jan. Chart 1 shows the Dow falling just below its 50-day moving average in late January and early February. The [...]

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