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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 (42176)12/19/2012 8:09:46 PM
From: Keith Feral  Respond to of 222175
 
Technically, the market is in a good position to take profits right now or cut losses as the case might be.

I do not like the sharp rise in oil prices this week, as the dollar is getting crushed. Bond yields are getting more competitive with stocks again too at 1.8%. I think it makes sense to keep scaling down positions until the dollar shows a couple days of recovery and oil prices trip back to $85.

VIX sticking out like a sore thumb too.


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