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Red
Posts
Waiting on the sidelines…
Not much to add today. Volume was light at 159 million on the spy. Of course the market rallied on the light volume. We are...
Weekend Update…
I'm still looking for the market to go to 1108 spx before any significant correction down. I believe it will be reached next week by...
Taking a breather…
The markets are just taking a breather, before one more up swing to 1108 next week. Be ready, as once that level is hit you...
Gap was filled, but volume is weak…
The gap was filled today on the intraday low from 2008, but I'm still looking to see the closing gap filled at 110.34. Tomorrow is...
Happy Days are Here Again…
Dow 10 Million! Almost sounds like Year 2000! Wow, it's seems that the recovery is real and the recession is over now that we've hit...
In the Eye of a Hurricane…
Today was yet another flat day, as everyone is waiting on earnings to be announced. It feels like we have been in the eye of...
Sitting on the line…
I mentioned that 107.65 spy was an important "line in sand" on a closing bias. It closed today at 107.68! Not a decisive break by...
Weekend Update…
Here we sit at line in the sand. With just a few points away from an extremely important closing price of 107.65 on the spy,...
Flat as expected…
The market was flat today as I expected it to be. More light volume again, which means it's easy to push up. About 135 million...
Unemployment numbers don’t matter…
The market rallies again today as more people are kicked to the curb! It seems that nothing matters to the market, as it rises again,...
