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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 (30875)	4/17/2012 6:54:37 AM
From: penthouse mike	Read Replies (1) \| Respond to of 219176

GZ, Are you still short the SPs? Did you set your stop at yesterdays high of normal trading hours which has been taken out or at the overnight high at 1375?

To: GROUND ZERO™ who wrote (30875)	4/17/2012 8:52:15 AM
From: robert b furman	Read Replies (1) \| Respond to of 219176

Futures pointing to 1372 this A.M. That 1370 just keeps on coming up whether the market is going up or down. Hey, I guess it is just a strong market (banks are making good money with huge reserves yet to be released) and after all they were the problem in 2008 weren't they. All in all we have a delevering economy. Housing will never be the same as the politicians got in bed with the investment banks and blew up fannie and freddie. Housiing takes 30 years to pay off - for those with less than conventional mortgagges,they're stuck with negative equity. For those who smartly financed for 15 years - they are 1 1/2 years away from half way done - not bad. Still gonna wait for a down and scary day this week or a surprise miss in earnings somewhere. Bob An aapl reversal will be powerful for QQQ also.