Tuesday, April 21, 2009
Possible SPX channel up or a new diagonal?
I hate the thought of it, but the gravity defying market is apparently ready to levitate some more. Timmaaayy says banks are well capitalized, so everyone put on your party hats and go buy some more. Nothing to see here, move along. Pay no attention to the man behind the curtain. If the 60m indicators follow their pattern of quick fall and long slow recovery the bears may be in for more pain. Daneric had a hyper bull scernario that he shelved yesterday - maybe that was a day too soon. I hope not.
Plaes click on the good, bad, fair buttons.