Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 671.93

0.0%

Nov 14 4:00 PM EST

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To: Gary105 who wrote (32591)	5/23/2012 6:07:44 AM
From: robert b furman	3 Recommendations Read Replies (1) of 218860

Looks like a weak negative market out through the next 2-3 weeks. I think we will take a long grind down that confirms the momentum bottom we saw last friday. This week was the bounce up from last friday. Now we grind and dip. A long slow grind we need to gut through. Bradley date in 6/12 may mark a reversal period. Options expiration in June will get stock - if you lowball near the money puts. July will give you money - but not stock. July may be last chance for a rally - and then uncertainty regarding election /taxes/dividends taxmeggeddon noise. If I hear more about Greece - I want to puke.But it shows where the impasses are - I guess.So far they've been given debt haircuts and who doesn't like free money.Their threat to leave is BS. Bob

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