Wifi Home Security

Thursday, August 5, 2010

Market Trend

Bear pulling back (getting weaker) the bull legs as observed in Asia markets and also S&P500. CBOE put "meat" (Put/Call ratio) getting leaner and VIX trending down. Consolidation week for a likely bull rally in a bear market soon if no major event crops up.  Watch copper (COMEX) consolidation closely!  Do your own due diligence by interpreting sentiment, fundamental and technical trends before you trade. Watch out for Deception by big boys (fund managers and sideline money awaiting patiently to jump in on DIP).

No comments:

Post a Comment