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Post by Cosmic on Aug 14, 2011 19:03:00 GMT -5
Ummm Hmmm I haven't looked at futures so I'm really Not Sure right now but the action has appeared moderately bullish.
I'm still a proponent of you have to buy equities when the VIX is this elevated.
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Post by Clinton SPX on Aug 14, 2011 19:06:27 GMT -5
Short squeezer euro rallying mega bull
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Post by huh? on Aug 14, 2011 19:25:10 GMT -5
Bull
Still got about another 250 points to the upside and an iH&S pattern to complete on the S&P.
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Post by kbk3ck on Aug 14, 2011 20:14:48 GMT -5
Barring any bad news...... BULL!!!
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Post by demanuel2001 on Aug 14, 2011 20:23:47 GMT -5
Bull
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Post by cosmic on Aug 14, 2011 20:30:42 GMT -5
I'm bearish now because people have gone goober-bullish
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Post by Rothschild on Aug 14, 2011 20:42:14 GMT -5
Bull for me  we are at the 38% retracement at the moment or SPY $119. the 50% takes us to SPY $122s and the 61% retracement at 125s. At 125s, I will believe the bear will roar back with its claws sharpened for yet another bear raid VOLUME is quite high during declines and downright anemic during rallies so I think the grizzly bear is back! |
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Post by brosin on Aug 14, 2011 21:45:31 GMT -5
I'm bearish now because people have gone goober-bullish really, doesn't seem that way to me - bears seem to be continued bearish, some bulls may be coming out of hiding but all day thursday and friday everyone was saying they didn't trust this market "at all" |
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Post by kbk3ck on Aug 14, 2011 22:03:47 GMT -5
I still dont trust that all the news will be posative and that the market zips to 1370 in a week. It just dont happen that way. But Im bullish.
;D
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