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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 (69824)	3/26/2015 12:53:03 PM
From: Clam digger	Read Replies (1) \| Respond to of 218583

The "invisible hand", underlying bid, etc does seem to still be present...so far for such an impulsive down move the follow through is rather anemic.

To: GROUND ZERO™ who wrote (69824)	3/26/2015 1:55:46 PM
From: Hawkmoon	3 Recommendations Recommended By Mevis Ms. Baby Boomer toccodolce Read Replies (4) \| Respond to of 218583

This could be the bottom already.. Trading bottom, maybe.. But I don't think it will sustain itself for long. I think every strong bounce upward will get sold.. Here's something that I find interesting. I'm looking at the Weekly PSAR on the SPY and I'm counting 5 of the past 6 weeks there were attempts to "flip" that PSAR into uptrend. Each time it gets close, it reverses and goes down. That sounds like a potential 7 year top to me.. But will need to see more data in coming weeks. Hawk