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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 (34591)7/6/2012 9:24:23 AM
From: robert b furman  Read Replies (1) | Respond to of 222311
 
Good morning GZ,

After this and last weeks run up I would not be surprised to see us correct into WWW next wednesday.

A lot of call premium needs to be wound down before expiration.

This recent pop up has left a lot of people not in the market - thus I think it will be hard to sell and get back in as support should show up with even a slight decline.

Of course I could be wrong - but I think it is a hold and live through out the dip with a possible add into any decline here.

Bob



To: GROUND ZERO™ who wrote (34591)7/6/2012 9:29:05 AM
From: Fiscally Conservative1 Recommendation  Read Replies (1) | Respond to of 222311
 
The higher this market moves the bigger the drop that will take place. I fully expect a Bear Rally Retest of 9K by years end or 1st quarter next year.



To: GROUND ZERO™ who wrote (34591)7/6/2012 10:29:56 AM
From: TFF  Read Replies (1) | Respond to of 222311
 
Market gonna have to go lower. It's not geting the QE3 chatter it wants yet.


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