3 push up. this is the 4th push up, so might not go far.
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So you saying that $ 4 billion QE this week will not lift the market?
Thanks
No sir, just interested in if the fed is still pushing debt out as far as it can, because they respond to the economic outlook and have lots more info than I. Read somewhere a flatter T-bill yield curve is good for stock yield investing. Really, I think our market lifts because of the sad state of the rest of the globe.
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‘the petrodollar is our currency and our problem’....Gappy
“Confused why one second the market is down 1%, and then moments later, upon returning from the bathroom, one finds it up by the same amount on negligible volume? Simple: there continues to be zero liquidity. Although, not just in equities, but in bonds as well… “.
JPM: "Market depth metrics appear to have deteriorated across all asset classes."
SPX coiling tighter and tighter.. a big move is coming.. invs H&S on the 60m.. stretching out …getting kinda messy.. should of popped already.. or on gap up this am.. VIX on support of sorts.. not clear.. but large move soon.
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Last edited by fehro on Mon Oct 20, 2014 12:09 pm, edited 1 time in total.
seems another ascending triangle or c&h so bias still up.
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