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Alias Born 01/25/2006

Re: None

Thursday, 06/23/2011 12:19:32 PM

Thursday, June 23, 2011 12:19:32 PM

Post# of 8312
Last time, I said that I was open to some selling, but that very shortly, the powers that be were going to start discounting the statistical strength of the 1st. We were looking to buy weakness but it came late. We're getting more today and frankly, I'm inclined to look hard at it. The Daily MACD crossed up giving a "Best Fade" Sell and that's playing out now. I think that the boyz start buying this market up pretty soon, so pick your spot. The problem for this market is that AAII shows a lot of fresh Bullishness and the options aren't showing much concern either. The good news is that we have a FL/FS Buy. That may play out today later, or it may play out over the next couple days. There's not much time, however and statistically, next Friday is very, very Bullish.

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