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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (20104)11/8/2001 12:13:35 PM
From: marginmike  Read Replies (1) of 209892
 
This rally might pull back a litlle but we go into Jan strong.
1)there is to much sceptecscim of the rally. Until People are really comfy here we rally. VIX still stuborn and bearly budging down. When it gets to 24 it will be time to call tops
2)seasonality and High cash positions will temporarily buoy market
3)Lots of puts bought in OCT
4)lots of shorts need toi cover
5)Mass press to bearish
6)Stimulus and liquidity will create Mini bubble here. The next time down will be swift and deadly IMHO
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