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Tomorrow is a tricky day


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#1 nimblebear

nimblebear

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Posted 28 September 2011 - 07:42 PM

If it goes down hard, then its pretty clear we are going below 1100, to at least 1050, but if it meanders and goes higher its sort of stumper. There is so much overlap and garbage going on, that Im not sure one can even trust a high CPC number at the close. (indicating green tomorrow.) I'd like to see 950 before the massive rally, but the market of course doesn't give crap what I like. :rolleyes: We need some real panic and fear though before this can be cleaned out and constructive, and we really just haven't had that. Generally Greece is being ignored, as well as Euroland, and while individual stocks seem to be getting creamed, you'd hardly know that by looking at the major indices. I'd go long at 950 though, as it would be more than likely the dollar would be resuming its downtrend for a good while. It doesn't appear any HFT's or algo's want to let it get there. Its just no fun anymore without humans involved. <_<
OTIS.