Monday, October 19, 2009

NAZ FUTURES STOKED

Like I said I await the markets test of the area I spoke about, I am amazed atthe lack of any meaningful pullbacks, but at the same time......the market has been deteriorating over the last month as the market is showing greater and greater selectivity.....the stage is set

Here is how XERO HEDGE describes how the FED BAILED OUT THE WORLD

ALSO stocks above their 30 day moving average continued to deteriorate.....and I am guessing the smart money in in full scale distribution mode.

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