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Strategies & Market Trends : Commercial Real Estate tic.............tic,,, -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (305)5/26/2010 1:21:25 PM
From: Smiling Bob  Read Replies (1) | Respond to of 442
 
Good list
Today's move up in mkt not nearly as strong as you'd expect, given we're coming off of one the biggest intraday bounces beyond the flash crash. Buyers should be more emboldened than ever, but they're not. I'm suspecting a sell-off or at least a weak afternoon. Not completely confident, but odds are definitely weighted. May/could close down 80-90. Up 76 now. Depends on whether PPT really has lost their clout.
GS and their bitch, AIG, have been all over the place today.



To: Perspective who wrote (305)6/23/2010 4:01:44 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 442
 
BC, kaltbaum is sounding pretty bearish on the market right now. he was positive and bullish since spx 800 through spx 1200. he thinks the downside potential outweighs the upside potential, which he doesn't see as being very high.

1040 is current support and the market could bounce from there if it gets back to 1040. if 1040 goes, we ought to see further price erosion and, potentially, the market smack down we've been expecting for some time.