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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Tellzhang who wrote (5860)6/16/2010 9:41:38 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 223826
 
The initial claims numbers may jolt the markets lower, this is a two way street, the NYSE ADV/DEC oscillator I put together is pointing lower tomorrow, it says the markets are too over bought to continue higher without pulling back some... but, it could be wrong...

GZ



To: Tellzhang who wrote (5860)6/16/2010 10:25:36 PM
From: Copeland  Read Replies (2) | Respond to of 223826
 
I'm seeing it 50-50 bull-bear right now.

For every bearish...

"Europe isn't done yet"
"The US is screwed economically"
"Fannie and Freddie are being delisted, doesn't anyone care??"

...sort of posts, I'm now seeing

"Well, it looks like the bottom is in"
"We're past critical resistance"
"These are just opex games, the trend is now up"

on other boards, including this one.

I think it's still a toss up, with the bias leaning towards the bulls.


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