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Saturday, November 22, 2008 10:21:25 AM
on CNBC if the Yen is green the markets will be green, red and the markets will be red, I don't think it ever stopped, but then again, you have the question of what followed what, the chicken or the egg..... LOL I think the Vix and the Yen line up pretty good together, watching the BB's stay short on the upper side of the BB mid line, stay long on the lower side of the BB's.... Throw away your charts, except those two LOL... We are still on the hold short side of the markets... of course we have Thanksgiving which will load in the suckers on the long side as they reverse them back down .....Maybe... I don't trust them, given the fundamentals of this market... We are over bought near term with a hold short signal overall so...... guess we will see if there is a follow through day or not to the upside, which would make 801 SPX the support level, we technically closed at 800 but according to futures 792 SPX which says that lots of people sold at the close.......... Blasher has the right idea in the markets, clear the books every day.....makes for a good sleep.... LOL
Buy 'em when they are crying, sell them when they are yellin'
More charts
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID456385
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