Thursday, June 23, 2011

KISS OFF 200SMA

Stocks are just trading in a range, and the last 2X price touched the 200 SIMPLE MA, it rebounded.....I don't think it's Greek, or FED or squat more complicated than that. Price has gotten near 1294 3 or 4 times on this chart each time bounding away....nothing more or less.

If you don't go with the flow and gamers, you will probably keep losing. Sentiment needs to be worked off.....a bottom of some sort may havebeen put in, at least we know where to look

D

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