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

To: Bridge Player who wrote (47810)	3/25/2013 7:38:23 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 222123

Maybe, and maybe not, I think the jury is still out... but, it seems very possibly the U.S. stock markets will be the big benefactor of the Cyprus problem... people all over that region, including all of Europe, may want to put their money into U.S. markets as a safe haven... the U.S. is very different because it's able to print all the money it wants, Cyprus and Greece can't do that... also, while everyone is talking down the Euro, I think if Cyprus actually leaves the Euro zone, that the Euro currency could actually rally big time... this would further fuel a U.S. stock market rally... I'm definitely not an economist, but just my gut hunch is this is how things may unfold over time... so, we'll see how it acutally does unfold, I could be very wrong... GZ

To: Bridge Player who wrote (47810)	3/25/2013 9:25:34 AM
From: FCom777	1 Recommendation Read Replies (1) \| Respond to of 222123

Hard to believe this story is over ... Whatever, 1560 is real important to the P&F'ers ... Long and short term S&P P&F's below : Looks like we may have eeked out the reversal on the short term chart this morning though adding three boxes would bring us to past resistance - really need 1565 - but these data are OI weighted long term charts so not 100% sure ... maybe those are the buy stops the market was looking for .... above 1560 ?? fwiw