Wednesday, June 23, 2010
Bears in Control
Surprised to see that the rally was so weak. Straight up and straight down. We are trading in a range, but going to the top and bottom of the range in a straight line. This market is being set up for bad news coming out of Europe that will scare out the longs. I think the selling lasts till the end of the quarter.
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3 comments:
I'm 100% long. I expect a gap up.
Not sure about tomorrow, but by the close of next Monday, I expect us to be lower than current levels.
Market OWL...hw does 1000 on spx by august sound now?
I know i am being optimistic!!
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