the xlf struggles with the 50dma. and the spx... well I showed how we dipped below the trend... and I also showed what is roughly a trend line and a bear trap...
Wednesday, March 18, 2009
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2 comments:
Good call on the bear trap :)
we have had 2 bear traps in a row....
going to have to think about a trend line below there.
did you see gold collapse.
and the argument on t-lo about "if the gold in gld is really there" damn black helicopters...
be cautious of anything more than a 50% retrace at this point.
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