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

To: robert b furman who wrote (22244)7/27/2011 8:12:47 PM
From: Wayners  Read Replies (1) | Respond to of 220518
 
Well I made my conclusion based on the bond action. If the threat of default is why everything sold off, then Bonds would have led the pack. They didn't. They hardly went down at all. Thererfore, it wasn't the threat of default moving the markets today. It was Europe and the Euro falling, the Dollar rising against the Euro, and more bad Domestic Economic news.



To: robert b furman who wrote (22244)7/27/2011 8:14:38 PM
From: Wayners  Respond to of 220518
 
A/D had to be bad. Every stock watch list I pulled up, they were all significantly in the red 4% to 7%. Out of a list of 50 on a single list, maybe one or two would be green, and looking at the ones that were green, had to just shake my head because it was all really overvalued crap.


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