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S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
)
Brent Oil
81.97
(
0.00%
)
Bitcoin
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(
-0.28%
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Torqputty

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Torqputty

Re: northam43 post# 1348

Thursday, 11/17/2011 12:01:29 PM

Thursday, November 17, 2011 12:01:29 PM

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Downside pressure and fear is dominate

I think the dominate signal is 'downside pressure' and 'fear'. - Most of my long term T/A are showing “stay out”… but a couple of areas that may hold the drop is support at SPX 1220 plus the weekly phase has not turn down. At this juncture I think the day traders are the ones making money until SPX 1220 is proven. In any case; Longterm Im staying out and I don’t have the luxury to be at the monitor to day trade.

TRADING TOOLS
http://www.investorshub.com/boards/read_msg.asp?message_id=10351753

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