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madrose1

05/06/12 7:48 PM

#527778 RE: Zephyr #527715

Well Zozo was playing POT friday as well he mentioned later, so AGU may give them all a little shot in the arm weds after whatever action happens till then . POT chart is like so many now trading down to some support levels which will be watched for holding . Lot easier when you know what people are trading to be able to help ...

What i would have tried to convey seeing many momos like CF selling back down & pausing at their top highs like PCLN too gives the insight in what has to be surmised as that 2nd push up on the SPY is going to get sold into pretty much no matter what given latest out of Euro , behavior of AAPL after earnings etc

Just not enough to sustain any more buying pressure in this Fed induced +30% rally , who are they going to lure in to buy here whos not going to have anything but fear of buying the top?

Even if the job #'s were somewhat decent last week would bet you it rolled anyways and here it gets dangerous when "buy the dip" mentality persists & they might be going into sell mode after already cashing in .