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 694.04

+0.7%

Jan 9 4:00 PM EST

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To: GROUND ZERO™ who wrote (42533)	12/26/2012 12:48:24 PM
From: anandnvi	Read Replies (1) of 221579

I actually think we're headed higher. Everybody and their Santa rally brother was calling for buying on weakness last Friday, and the market never makes it that easy. My guess is we will have a furious sell off at some point - maybe a sell-the-news gap down on news of a cliff deal? That should reel in a lot of the stops and make the rallymongers pause with fear - before ideally a one day reversal marks the return of the bulls. Never fight the Fed.

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