Sunday, April 5, 2009

CPC and the SPXA50 Kiss OF Death


The way I see it is the CPC is now just living in overbought land. What excites me is the Kiss of death the SPXA50 threw down on Friday. Just take a peek at what's happened when the SPXA50 has kissed the 400 mark. I do not know if it will hold true, but I like the trend.

2 comments:

  1. Its looking ok...for us bears...but the 4 week rally has absolutely crushed a good portion of my options.

    I am still thinking P1 :-P

    ReplyDelete
  2. Uh oh...bulls better sell here.

    ReplyDelete

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