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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.55-0.2%4:00 PM EST

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To: da_cheif™ who wrote (76445)7/17/2011 1:59:35 AM
From: 2MAR$  Read Replies (2) of 218578
 
VIX under 8 ? lol...Well they sort of gave a small temp "pass" to the Euro Bank check reports that came out on friday & guess they gave JPM a small pass last week too , this week has WFC AXP & BAC ontap & see how they want to spin those .

That hint of QE3 dropped so incidentally by Ben on tues , the China bullish GDP report & Japan~rebuild impetus going foreward plus back to school rally and all these earnings reports which checks again show an ave 6% inrease in revs for the Big Caps. They really must keep equitie prices up or at least maintain this recent momentum going thru this "soft patch" after this latest bounce which was exactly the same as the April/May earnings rally move . After all this stimulus they're betting once again they will see good report/headlines but how much of this will be backed with guidance , running out of more cost cuts & more buybacks ?

We shall see ...HAL on monday did blow things out last time, INTC went on its secular squeeze/run last time too & hardly anyone thinks AAPL will miss .. . a little surprising this bounce for MSFT which got some love again ...

Funny , have barely looked at Softie chart till now ...love to see it pop some more and will be waiting if it
does ...if you miss the long you get the short.

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