Bulls Can't Capitalize on China By Rev Shark About this article: Despite another big jump and some crazy action in the last few minutes of trading, it was a very disappointing day for the bulls. After a bounce on Friday, the bulls had a big economic stimulation in China to serve as a catalyst, but after a gap-up open, we had selling all day. Volume was very light, which is a slight positive on a down day, but the technical picture is becoming precarious at best. We are still above the October lows, but they are in sight and acting like a magnet. One of these days we will hold the lows and start building a base from which a rally can emerge. It is still possible it will happen here, but the big mistake is to anticipate that it will. We need the market to prove that it is buyable rather than just hope that... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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