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


To: SGJ who wrote (36255)8/10/2012 9:03:40 PM
From: GROUND ZERO™1 Recommendation  Read Replies (1) | Respond to of 218738
 
This market is holding at the major VPs, this is interesting and tells us something... also with gold and silver moving higher again, I'm willing to bet that the FED is going to do more QE within the next few days/weeks, they do not want this market to go down... also, China is going to do some easing as well since their economy is slowing down... I think this is what the market is telling us, more global QE... I'm not going to bet against it... the next higher major VPs are at 1477.30 and 1478.30, both due no later than another two weeks from now, I wonder if we could get there...

GZ