Showing posts with label xlf. Show all posts
Showing posts with label xlf. Show all posts
Thursday, August 5, 2010
Monday, July 20, 2009
Greed, Fear and Stupidity all coming together one more time.
I know bears are confused but look at xlf, we are way far than it Jun high. So, I will not be bothered even if SPX crosses its Jun high. If spx and xlf does, that's a diff. thing.
SPX is hitting against its resistance line, if it touches this week, we will go above Jun high, lots of bears will cover and bulls will add , but point to keep in mind is do we close above that RED TL line by EOW.
UUP shows me we are getting close to its bounce. so everything is coming together. I have my eyes and mind open that market is made up of people, so I can see greed, fear and stupidity all coming together one more time.
SPX is hitting against its resistance line, if it touches this week, we will go above Jun high, lots of bears will cover and bulls will add , but point to keep in mind is do we close above that RED TL line by EOW.
UUP shows me we are getting close to its bounce. so everything is coming together. I have my eyes and mind open that market is made up of people, so I can see greed, fear and stupidity all coming together one more time.
Monday, June 22, 2009
xlf - its payback time
In log (it shows support trend line is broken)
In non-log, we are still above the support line. Which one is correct?
In non-log, we are still above the support line. Which one is correct?
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