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Re: jmbar2 post# 77133

Friday, 03/09/2012 3:22:40 PM

Friday, March 09, 2012 3:22:40 PM

Post# of 77456
--huge sell-off a few minutes ago - maybe that was why

Not maybe, for sure. But not everybody uderstands the implications.

There is a question as to whether the Greek government is really going to pay off the 47% haircut amount. That's a default.

Resulting uncertainty is what the market always dislikes.

My IWM 1, 5 and 15-minute chart indicators are getting pretty deep into oversold.

Roy

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