SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TOO BULL FOR SCHOOL!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (768)7/2/2010 11:59:48 PM
From: MoneyFriend_2.0  Read Replies (2) of 880
 
Hey GZ,

I touched on this a few days ago, and HC asked me the same thing this morning.

First and foremost I will need to see the rest of the world confirming for me to get bearish. See how VEU is still way above May lows?



Also MID, RUT, SPXEW all would need to be trading below their Feb lows. Other big deals I would have to see confirming: Copper, CAD, AUD, TLT.

If we are going down, higher beta names should be under performing, so far they are not.

If the majority of these start confirming I will starting battening down the hatches.

We closed 50 cents below 1023, not the end of the world.

This support level has huge huge huge bullish potential, but if it breaks 900 is the next major magnet. I am not expecting this scenario in the least.
If the chit hits the fan I will fully hedge all longs and wait for signs of life to appear.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News