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Good point, BullBear! I am also with “rhight”, when he says: “I don't understand these extreme price movements”…BullBear52x wrote:Wow, thank you everyone great charts. the one thing I am afraid of.....we are on the same page, not good.
Good Point, "waverider"! Barron’s has a remarkable track record as a contrarian indicator...It also took them a long time to figure out that the market was going UP...They missed the opportunity to give a reasonable "short term BUY" signal, last weekend…and now this! We shall see...waverider wrote:Great charts all, further supporting a pullback, the $CPC signal is at the bottom of it's recent range:
Also, Barron's has released it's magazine with a cover titled "time to buy", which probably means it's time to sell. The magazine is on their homepage with an article titled "buy the banks".
http://online.barrons.com/home-page