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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (12119)12/7/2011 2:31:53 PM
From: robert b furman  Respond to of 12410
 
hI Chip,

IT IS ON HOLD.

Very dull market.

Certainly not going to short here.

Need a breakout over 1270 on volume SPX.

If that happens huge covering and CATCHING UP BY FUND MANAGERS WILL CHASE.

Meanwhile 200 sma resistance is as can be normally expecting grinding alon in a slow fashion.

I sold off my short term trades and will welcome a dip,but would really like to see Santa Claus rally on core holding - go out the year in a properous fashion.

Bob

IBM new ATH - giving us a clue?



To: Chip McVickar who wrote (12119)12/29/2011 11:05:14 AM
From: Chip McVickar  Respond to of 12410
 



To: Chip McVickar who wrote (12119)12/29/2011 11:05:31 AM
From: Chip McVickar  Read Replies (2) | Respond to of 12410
 
my gold chart - short to 1450