Wednesday, December 22, 2010

CONTINUED WEAKNESS BDI


NOT a stock timing method, but can be leading indicator. Weakness here is hard to attribute to strong economic growth.
BUT...for now anyway, with market reaching NEW HIGHS for the rally, the VIX and selling pressure continue to WANE away. It doesn't care what you or I think......the trend is obvious at some point TOO Obvious.
Players are sure the FED backstop guarantees higher stock prices....and so maybe they know that too and cannot stop. OIL ($90.55) and commodities also have their eyes open
D

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