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

To: GROUND ZERO™ who wrote (30453)	3/30/2012 2:07:21 PM
From: robert b furman	Read Replies (2) \| Respond to of 219175

Hi GZ, I think the difference is we are eating up / digesting long term resistance levels. screencast.com Normally I'd expect a bounce down off hitting the top level than a recovery and a pop over. Then the shorts will want to push things down and a real battle will ensue. THEN is when a bond collapse might well fuel a fast rise up and burn the shorts or we go into a lengthy decline. Time will tell. Right now we're high and people are hesitant to get in and take on risk. What we need is a strong fast price rise and people talking about their big fast gains - that always does it and it is absent. Have a great weekend. Bob