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

To: Fiscally Conservative who wrote (34368)	6/29/2012 7:19:59 PM
From: GROUND ZERO™	Respond to of 220897

The negative for these markets is that the SPs have reached and touched the upper BB today, the market typically backs off after that... also, it is now already somewhat overbought, but not too much... I wouldn't be surprised if these markets did back off for a day or two, some really good selling to shake out the later buyers... GZ