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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (41730)9/14/2011 8:02:08 AM
From: Hawkmoon  Respond to of 71454
 
Good point.. An index that is heavily shorted is a potential powderkeg in the event something "positive" happens (or is "created" by Fed intervention)..

Been watching the NYA via Marty Chenard's comments on it. He's still negative, but seeing a positive divergence in the C-RSI 30 versus the price.

Let that C-RSI 30 climb a bit more and it could be "Katie bar the door" for a short covering rally.

stocktiming.com (link only works for a few days)

Hawk