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[attachment=17773:SPX_MONTHLY.png]
SPX - IT & LT WARNING
Started by
mss
, Sep 01 2010 07:38 AM
2 replies to this topic
#1
mss
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I'M WATCHING
Posted 01 September 2010 - 07:38 AM
[attachment=17772:SPX_WEEKLY.png]
[attachment=17773:SPX_MONTHLY.png]
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Cirrus
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Posted 01 September 2010 - 09:06 AM
My swing trend now up. Macro picture is, charts aside, there is HUGE potential energy in the form of liquidity piled up in bonds....globally. M&A picking up and banking system is more healthy. TED spread is really down and there's pessimism. I actually think valuations are cheap in equities and outrageously expensive in bonds. This is all created by Fed monitization.
Over time charts will reflect the basics....this liquidity will be forced into equities. Eventually the mindset will switch again. I covered lots of shorts this AM and did a little buying due to my swing trend. This is not a bullish IT or LT call but things can quickly change in those time frames due to liquidity piled up in bond related assets.
#3
Rogerdodger
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Posted 01 September 2010 - 09:25 AM
Thanks for the update Scott.
Today's up.
It's Sept 1st
Let's see where we are Sept 31st. 
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
