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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 (33879)6/19/2012 11:08:40 AM
From: Jopps  Read Replies (1) | Respond to of 222316
 
Lol, I feel like I'm just guessing here. The technical indicators I follow are still slightly bullish. Investors have been grappling with uncertainty for so long, it's hard not to think that we've become complacent with the macroeconomic crisis. It's not just the Euro, but financial cracks are emerging in obscure as South Korea. China is in slowdown and the Indian Ruppee has taken a plunge this year. Banks across the world continue to lose their investment grade status. On the bright side at least the rating agencies are doing a much better job than 2006-8.

minyanville.com

Either way, initiated positions in FAZ and UVXY at $23.93 and $11.89 respectively.