“Today: Down at the open on the order of 45 – 65 points in the DJIA by 10 o’clock. Looks like some last minute tax selling in 2009 big winners. Expect the selling pressure to ease mid-afternoon and a firm close as the DJIA rallies off its low in the 10,460-10,485 area…”
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About George Brooks:
George Brooks started in the investment business as a stock broker in 1962 and quickly gravitated to the research end of the business, first undertaking his own vast study of fundamental and technical analysis, then taking a position as director of stock market and economic studies for a leading money manager and publisher. In 1973, he formed his own firm to provide daily market timing and stock selections for two regional NYSE member firms, as well as special situation research and written analysis for leading investment advisory publications.
About EQUITIES:
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