Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Recent Articles By The Author
There Was a Laundry List of Reasons to Be Cautious Today
Yet I’d be surprised if we don’t have another rally attempt tomorrow.
Here Is the One Question That's Been Burning Up My In-box
Readers want to know about the W, which refers to the pattern of a W that we typically see off big lows.
The Momentum Is With the Upside While We're Still Oversold
Breadth was the best we've seen in about 18 months.
My Best Guess at This Point Is That a Pullback Is Weeks Away, Not Days
It is possible we'll get a pullback tomorrow or the next day, but that is not what I’m talking about.
Ugly Charts Can Turn Good and Good Charts Can Turn Bad
No one should be surprised that Friday's pathetic rally gave back some of its gains.
Let Me Remind You That the Charts Look Bad
But that doesn’t mean we can’t look for an oversold rally.
You Have to Admit That Friday's Rally Was Pathetic
If you like roller coasters then Friday was for you.
Despite Friday’s Rally, I Have Plugged In a 200 Point Drop for the Nasdaq This Week
Short-term we remain grossly oversold and Friday’s pathetic rally did very little to relieve that situation.