Stock Market Technical Analysis Video 11/12/07

The broad selloff continued again today with many of the market leaders in the Nasdaq 100 continuing to lead the way lower as some of the most stubborn long holders are starting to panic. I wouldn’t be surprised if we will begin to hear about some forced liquidations. If so, that may signal a short term tradable bottom, but there is ZERO EVIDENCE of any turn in the near future right now. I hope you have been standing aside during the carnage, but I suspect that many peole are getting destroyed as they search for that elusive bottom.