CONTRARIAN ADVISOR MARKET COMMENTARY
Contrarian market commentary and economic postings.
Thursday, July 22, 2010
"SIMPLE" SPX LOOK
Using just SIMPLE 200 and 50 MA's important how price reacts at 200 SMA, good chance of repulsing, as we have 50/200 cross.
Market running on technicals, emotion, not on fundamentals of slowing economy again proved out in housing and job numbers
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