Wednesday, October 03, 2012 10:39:30 AM
Pretzel view & chart:
"Last night I studied a great number of charts, and found that there are several markets which are running at cross-currents. Investors seem a bit confused.
Because of these cross currents, I'm going to keep today's update fairly simple. The bottom line is: This is still a pattern that can go either way. After debating a number of factors, it appears that unless bears can break SPX 1430, the bulls remain in control."
"Last night I studied a great number of charts, and found that there are several markets which are running at cross-currents. Investors seem a bit confused.
Because of these cross currents, I'm going to keep today's update fairly simple. The bottom line is: This is still a pattern that can go either way. After debating a number of factors, it appears that unless bears can break SPX 1430, the bulls remain in control."
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