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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (47693)4/10/2012 9:53:03 PM
From: Johnny Canuck  Respond to of 69853
 
Profitable Ideas Each Market Day
LAST UPDATE:04/10/12 04:21 PM ET

The Fed's QE3 comments and renewed sovereign debt fears are more to blame for this week's selloff than Friday's labor report. International liquidity flows have manipulated this market since 2009, with big bad institutions abandoning individual stocks and playing currency fluctuations through the risk-on risk-off trade. The 6-month bull advance has the media believing in the good old days, but this skeptic has major doubts, especially with retail capital abandoning the stock market.



To: Johnny Canuck who wrote (47693)4/10/2012 9:54:35 PM
From: robert b furman  Read Replies (1) | Respond to of 69853
 
Hi Johnny,

Wave A is due to be over here any time.

Wave B 38 % retrace maybe 68.1%

The a Cwave down (5 waver and will take more time)

I'm keeping my powder dry and looking for a vix spike in mid 20's to 30.

Just a guess.

Bob