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


To: SGJ who wrote (51786)6/13/2013 8:02:39 PM
From: Lazarus  Read Replies (2) | Respond to of 220538
 
WTF are you talking about?

Why the market doesnt look seriously weak to me yet. Here is a 200 day chart of the SPX with the 50 day ema.

The way I see it.... we could easily pop from here.
Add to that my feeling that too many are on the crash and burn side.... I'm even feeling that way....but that's not what I am seeing right now.

What part of this is not clear?

I am NET LONG with an VERY small hedge. Heck, I. ridden TZA down 10 points and back in the past.