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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 (39426)10/25/2012 12:02:16 PM
From: Joseph Silent1 Recommendation  Read Replies (1) | Respond to of 219483
 
My read is that ...... at a minimum ... we have to test the 40-week tail MA on the SPX .....

currently at about 1370 to 1375, depending on how it's computed.

It's possible that it could go lower with bounces. No idea how far ...... but even 1325 or so before getting out of this mess can't be all that surprising, yes?



To: GROUND ZERO™ who wrote (39426)10/25/2012 12:07:38 PM
From: Keith Feral  Respond to of 219483
 
We need a sideways drift before going higher. Alternatively, bond yields could be peaking out and getting ready to roll over.


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