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Post by ccash04 on Jul 8, 2010 14:45:42 GMT -5
tremendous buy programs here: tick has been stuck above 1300 for 15'. and MU barely moves on the other hand GOOG looks great.
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Post by jack on Jul 8, 2010 14:52:35 GMT -5
tremendous buy programs here: tick has been stuck above 1300 for 15'. and MU barely moves on the other hand GOOG looks great. VIX JUST COLLAPSED TO 24.40 and BOUNCED BACK UP!!!
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Post by ukarlewitz on Jul 8, 2010 14:53:33 GMT -5
Semis fell less so perhaps they are idle while the oversold bounce goes on. Similarly, Asia and EMs are muted today.
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Post by ukarlewitz on Jul 8, 2010 14:56:31 GMT -5
Regardless, a strong rally followed by a good up move today has to be viewed positively. Breadth is 3:1 pos on Ny, 2:1 on Nq. Solid participation. Nymo will look good. This is how it can start. If it continues, a lot will be attributable to excessive bearish sentiment.
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Post by Dualism on Jul 8, 2010 15:03:03 GMT -5
and MU barely moves on the other hand GOOG looks great. VIX JUST COLLAPSED TO 24.40 and BOUNCED BACK UP!!! That looks like it was a bad print, Jack.
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Post by abdogman on Jul 8, 2010 15:04:03 GMT -5
Thank You for your Input...........See You in the AM...have a good PM
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Post by ukarlewitz on Jul 8, 2010 15:04:39 GMT -5
Copper finished strong. It was down and then reversed to close flat. Its sitting just below its declining 50dma; that's the next R. But both the 20 and 5dma are rising and will 5/20dma bullish cross if tomorrow is green.
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Post by ukarlewitz on Jul 8, 2010 15:07:11 GMT -5
But Vix is getting close to making a lower L. And FXE continued to build over the 50dma and the b/o line from Dec 09. Even Apwr doesn't look bad
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Post by ccash04 on Jul 8, 2010 15:16:33 GMT -5
Don't jinx APWR
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