Monday, April 18, 2011

LET'S LOOK AT S&P 500 ACTION

The VIX closed under 17 (after rising to 19), so there is little fear in todays selloff...I mean WHO on Earth doesn't know the US is broke? BIG DEAL?

US $ gained, bonds gained, gold gained, corn and soybeans were higher.....OIL lower.

SO what the US had their debt downgraded......maybe the 2 wives from GS were back in the market near the close to make it look like the correction had no teeth......who knows anymore, the stock market is broken as a voting machine

D

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