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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: shasta23 who wrote (25757)3/27/2000 12:25:00 PM
From: Johnny Canuck  Read Replies (2) of 68398
 
Hi Stefan,

Market events seem to happen earlier and earlier each year. Due to the market sell off earlier this month, most of the fire power may have already been used up for window dressing. A lot of money was needed to move the market back up to these levels. The fear of being out during the next rally caused a lot of fund managers to jump back in right away. Monday usually is pretty flat due to vacuum in news. After this week the focus shifts to economic numbers.

I am curious, what do you not like about RMBS? Zeev Hed seems to have the timing down well on the RMBS thread. The volatility can be a traders dream if the timing is right. Longer term the fundamental are good though the stock is ahead of itself.

>>great to see clint back!

Yes it is. He has a great market perspective and adds another dimension to the view here.

It works out great for the thread since I am about to take a market break. I have been trying to take this since last October, but the market have been so strong. I have a great year already so it is time to enjoy some of those profits.
I just need a few more market event to unfold so I can unload so specific positions.

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