Posted by asantana on 17th of Feb 2010 at 10:34 am
XLF still has the daily 50 to contend with and financials have
definitely not been that strong. XLF tried to get over it at
the end of Jan. and failed miserably. Another push down and
it could potentially cut through the 200 like butter.
Bottom line is simple... as
Posted by admagazu on 17th of Feb 2010 at 09:53 am
Bottom line is simple... as long as XLF holds the 200dma... there will be no huge correction xlf 200dma currently is 13.76
XLF still has the daily
Posted by asantana on 17th of Feb 2010 at 10:34 am
XLF still has the daily 50 to contend with and financials have definitely not been that strong. XLF tried to get over it at the end of Jan. and failed miserably. Another push down and it could potentially cut through the 200 like butter.
yes absoultley true...but the fact
Posted by admagazu on 17th of Feb 2010 at 11:27 am
yes absoultley true...but the fact is so far it has not and shows no signs of doing so....until it does i cannot short the market heavily..
GS descending triangle
Posted by kalinm on 17th of Feb 2010 at 10:22 am
With a death cross imminent. Needs to rally..... but it isn't today.... yet
watch what happens in a
Posted by alphahorn on 17th of Feb 2010 at 10:16 am
watch what happens in a minute when it closes the gap at 14.37-.52