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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (265819)8/2/2010 12:58:21 PM
From: THRead Replies (2) | Respond to of 306849
 
patron,

Good luck brother. I have enough short exposure at the present time.

I don't know what would trigger an add for me at this point. I usually do not average down. If the Dollar were to cross say 1.26 Euro, I'd probably add some.

I'm just in wait mode now. And watching miners. For some reason, I am not compelled to add miners, even with the positive season approaching. I'm going to wait a while before I even consider any adds there.

GT
TH



To: patron_anejo_por_favor who wrote (265819)8/2/2010 1:04:17 PM
From: No Mo MoRead Replies (1) | Respond to of 306849
 
Are you seeing something chartwise that drives your thinking?

I see the potential for horizontal resistance at the June highs. Otherwise, $SPX looks like it's going higher to me.



EDIT: 50DMA looks like it's turning up.

RSI has room to rise.

MACD and MACD Histogram in uptrends.

If it closes firmly above 200 DMA odds are it'll be read/spun as very bullish, no?



To: patron_anejo_por_favor who wrote (265819)8/2/2010 1:09:18 PM
From: DebtBombRead Replies (1) | Respond to of 306849
 
Here's today's stock market....flip a coin....Titanic or Lusatania.
LOL.
;-)



To: patron_anejo_por_favor who wrote (265819)8/2/2010 1:50:00 PM
From: Giordano BrunoRespond to of 306849
 
TWM, the wild card. -g-