sell the news....
wait for a pull back for next jaunt to 1250
any gap up tommorow needs to be sold into!!!
Started by
atlasshrugged
, Apr 11 2010 09:52 PM
2 replies to this topic
#2
Russ
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- Traders-Talk User
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Member
Posted 11 April 2010 - 11:31 PM
I think you are likely right, my Banking index chart is showing the banks are likely peaking this week.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
arbman
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- Traders-Talk User
- 19,504 posts
Quant
Posted 12 April 2010 - 08:32 AM
The first sell off will be likely bought all the way back up though, especially for banks...
