Thursday, May 26, 2011

BULLS BY THE HORNS

Until SPX 1294 is taken out, bulls are not going to get too worried, the VIX bears this out.......not one bull cares about QE2 ending, FED has given NO reason for them to think they can;t pull some other rabbit out of their hat......sellers have NOT gained control and have not stepped up their game...yet

We'll approach it from a TECHNICAL standpoint as little else matters

D

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