So..... that blue line is a break of my "Sell Signal" Trend/Swing.
The other charts Real Estate and IWM... those don't look good... and I think it's finally time for our correction.
It looks like the cat is out of the bag on the bear flag on gold.. that target is 900 ish...
I imagine the dollar will follow... new lows will show that "The Jig is up" on the Hyperinflation trade..... I can't believe I hear that shit on the Idiot box.... but it is an Idiot box.
Wednesday, June 10, 2009
Some charts
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6 comments:
Looks like Finerman likes your retail bear thesis. She's short XRT.
I think the cyclicals will bottom in October...
and Materials will bottom next year.
Are we calling this the near-term top?
we need to hit 94 to get confirmation..
but I've been calling top since May...
so wtf do I know...
even if... we will still get some stupid DD correction...
correction on the downtrend... If downtrend
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