Thursday, June 30, 2011

SPX TREND LINE

CLICK TO ENLARGE

There hasn't been a 4 day move like this since Dec bottom and rally to May highs.
EVERY MGR is throwing in the towel of caution.....PMI risies? give me a break.....428,000 claims 2.5 years PLUS into recovery, chomp on that, mkt can do what it wants.
HIGHER it goes on flimsy circumstances, the harder it will fall.

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