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Ned Serious

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Ned Serious

Re: Ned Serious post# 875

Friday, 02/07/2014 8:12:36 PM

Friday, February 07, 2014 8:12:36 PM

Post# of 6939
XLF : Financial ETF - Strong move into the next channel today. It started out good, then moved back down to yesterday's close (21.05) - (old resistance / new support) and said that NORTH is the way to go. Decent enough volume.

Also - jobs report. Sentiment was the key again to me, as the report was worse than what peeps wanted. So it dropped down in futures, then came right back up before market open, and then basically... IMO the market said "So what? - We want to go higher - so who cares what it says." Makes a Happy Friday

These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.

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