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gb55

08/08/10 1:24 PM

#65274 RE: **D*A** #65270

general market BS post
as you know i'm gloomy :) and i have a small position in tza so i am biased.....do you remember this old chart? the rectangle on the vol x price bar marks the spot where the volume bar was way back in feb.....the bar was tiny, showing how most people were trapped in long positions....now the bar has filled in and i think this represents people bailing out in thier retirement accounts....of course nobody knows, especially me....there are many charts that support a move up too.....look at the weekly index charts....they look very bullish to me....the jobs data was bearish buTT the market can act irrationally....i guess time will tell....i am out of touch with the markets lately and trying to catch up and IDKS....more charts below




dollar down = equities up.....is the pullback on the dollar over?


the euro look toppy IMO....if it turns down here the dollar wil go up and equities will fall