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


To: Harmens who wrote (47778)3/24/2013 10:01:40 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 222100
 
Regarding the Cyprus issue, there are two camps with two very different visions... one believes the Cyprus issue would be very negative for U.S. stocks and bullish for the U.S. Dollar... the other camp believes the U.S. Stock market would actually benefit from the Cyprus problem since people in that region, including most all across Europe, would then begin to buy U.S. stocks for safety... also, that the Euro would also rally since Cyprus would exit the Euro community and it is the Cyprus problem that is holding the Euro down...

Interestingly enough, and purely technically, I did get a near term buy signal for bonds on Friday and a near term buy signal for the Euro, so now I'm long both the Euro and bonds as well as U.S. Stocks, although the long U.S. stock position is still being watched very closely with a possible main model sell signal creeping into the picture... I'm also short silver and flat gold...

GZ