Thursday, June 24, 2010

BROAD MARKET WEAKNESS CONTINUES


Worrisome chart here if you are bullish, merging 50/200 you can observe is repulsing price....a BEAR MAY BE LURKING.
ADD to NCRI and HOME SALES DATA and there is room enough for bullish doubt. BOND YIELDS CRASHING is not a bullish signal.
Home sale weakness at a record, same time LOW MORTGAGE RATES AT A RECORD....give me a bullish slant to that.
PROTECT YOURSELF.....PRESERVE.....
D

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