Thursday, June 24, 2010 10:45:11 PM
Just FYI
Sentiment Indicators are now at the same levels as the July 09 and Feb 2010 pivot lows. Bears are nearly equal to bulls.
In mid April, Bull were running 3 to 1 ratio over Bears.
GS stock looks like it's bottoming and about to turn up, another clue for a market rally near term.
61% Fib re-tracement today of the recent rally from 104-113 on the SPY, normally market pivots back up here.
Tons of small cap stock charts all pulled back last 5 days or so, across the board... looks like a bear trap.
NNVC- Great technology, super high market cap relative to time frames ahead folks. Reality is this seems to move on Pat Cox hype and not much else. Be sure to trade around your core positions, sell when this message board is very pumped up, and buy when everyone is upset.
Peace
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