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


To: Keith Feral who wrote (38500)10/5/2012 1:36:17 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219176
 
I fully agree on all points... a solid stock market with such high oil prices made no sense to me, but now that oil is moving lower i can easily see stocks move higher more comfortably... and with lower oil prices, it makes excellent sense to expect lower PM prices, as well...

GZ



To: Keith Feral who wrote (38500)10/5/2012 1:57:57 PM
From: Roads End  Read Replies (1) | Respond to of 219176
 
Kieth, you seem to have a good grasp of market history so in your recollection have you ever seen a calender year that cash S&P 500 never traded below the December close of the prior year? This would be the first year ever for it to happen if S&P doesn't trade below 1257.60 before the end of the year.