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


To: Machaon who wrote (50034)5/10/2013 5:30:55 PM
From: GROUND ZERO™3 Recommendations  Read Replies (2) | Respond to of 218639
 
There are hundreds of millions of others in this country who feel exactly the same way...<g>

Maybe he'll get impeached and driven out of office on his Benghazi scam...

GZ



To: Machaon who wrote (50034)5/10/2013 7:19:10 PM
From: Fintas  Read Replies (1) | Respond to of 218639
 
After taking a look at the XLU I wasn't surprised to see it drop. IT's high pole on a PNF and was begging for relief. I don't think it's done going down.. Pull up a pnf chart and look at it using a 1.62 value box going out 3 years and you will see what it's done over that time line. Then you can view it with normal default. What is interesting for all the rally up it's RSI barely budged which shows the strength of the SPXEW. I've seen a few patterns showing this.

Like I said the other night I won't be surprised to see if have legs on the pullback as money chases divi's etc.

Be well.

Fintas