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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.43+0.2%4:00 PM EST

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To: GROUND ZERO™ who wrote (39249)10/22/2012 10:23:24 AM
From: Keith Feral  Read Replies (1) of 219574
 
Right now, I'm starting to scan for broken down yield plays. Lot's of them out there after last week.

I always try and accumulate slowly after the market trips big signals like Friday. With the 10 year yield snapping right back and Europe not blinking at Friday's sell off, Friday seems like a big of capitulation. Friday's have been absolutely horrible for the past 6 or 7 weeks.

I don't see any reason to think the range is going to change between 13,275 and 13,600. I'd love to get another shot closer to 13K again.
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