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Old 06-10-2011, 11:30 AM
randallscott35's Avatar
randallscott35 randallscott35 is offline
Idlewild Airport
 
Join Date: May 2006
Location: USA
Posts: 9,687
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Quote:
Originally Posted by jms62 View Post
I've been short via ETF's since Week of March 7 when Nasdaq Weekly MACD turned negative. Just getting my head above water the last 2 weeks... 200 Day average coming up shortly on both COMP and SPX, you usually see a bounce. Interesting to see how this afternoon will play out given that it is the summer.. If you see a recovery I'd be extremely worried as it is a setup.
There never was a recovery. Asset prices driven up by funny money. 45 million on food stamps and getting worse daily.
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