3309 Drysdale Ct
Edwardsville, IL 62025
Interesting. Virtually everything is selling off today,, commodities, currencies, sectors, higher risk bonds, even much of PM and PMM. The only thing that's holding up is super safe bonds and gold. Same behavior as the bear mkt of '08. Hmmmm?
A nice bounce is on the way (note prior events).
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162488959]&disp=P
I'll only take a small long position in the strongest sectors after an intraday trend break.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162497802]&disp=P
More significantly, we are about to get a long term EMA cross signaling a major bear market (unless more QE comes along).
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s206018187]&disp=P
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Several observations
Posted by rreich on 4th of Aug 2011 at 12:47 pm
Interesting. Virtually everything is selling off today,, commodities, currencies, sectors, higher risk bonds, even much of PM and PMM. The only thing that's holding up is super safe bonds and gold. Same behavior as the bear mkt of '08. Hmmmm?
A nice bounce is on the way (note prior events).
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162488959]&disp=P
I'll only take a small long position in the strongest sectors after an intraday trend break.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s162497802]&disp=P
More significantly, we are about to get a long term EMA cross signaling a major bear market (unless more QE comes along).
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3225058&cmd=show[s206018187]&disp=P