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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%Dec 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (34067)6/24/2012 10:41:39 AM
From: robert b furman1 Recommendation  Read Replies (1) of 220776
 
We are very negative in sentiment,at a fib retrace that has satisfied a minor correction needs.

If we see vix below 17 next week - it may well usher in a surprise summer rally.

Most will not be on th train and our smoking section will be confidently quiet as we go for a nice long ride innto July.

It is a good set up.

Here's a good optimistic read:

Message 28224815

A 500 point run up from this head and shoulders would get a lot of interest in equities with bond yields and interest rates so long term low !!

Bob
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