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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.43+1.6%4:00 PM EST

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To: GROUND ZERO™ who wrote (36905)8/24/2012 12:40:30 PM
From: Kirk ©  Read Replies (1) of 218639
 
Boom, Gloom & Doom bear Faber got a lot of play yesterday about his recession call.
It is interesting that he was right about the market rallying after his May recession call but it didn't happen for the reason he expected, Greece leaving the EU.

The chart I posted of SPX there looks like it could be trying to turn up after using his TV appearance to finish a pull-back.... interesting.

I think the markets needed to test 1405ish from above.... before taking out 1419, eh?

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