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Are banks and/or energy a foreshadow of things to come?
This poll is closed.
Yes 1 100.00%
No 0 0%
Total: 1 votes 100%
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tenthousandmen
 

Registered: Dec 2011
Posts: 728

 

06-25-12 02:52 PM

Many are staying the decline in energy indicates bad things for equities in the near future. Further, other equities cannot significantly climb with bank stocks so low.

Is this good analysis?

Apologies if this is a bad poll...

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Laissez Faire
 

Registered: Sep 2010
Posts: 4153

 

06-25-12 02:58 PM

What does your level 2 data tell you?

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tenthousandmen
 

Registered: Dec 2011
Posts: 728

 

06-25-12 03:02 PM


Quote from Laissez Faire:

What does your level 2 data tell you?

u still long at 1332?


6/22

Quote from Laissez Faire:

The market is ready to pick a direction in case you did not notice.

Most likely up from here. Upside target is 38 for the day.



Ammo response

Quote from ammo:

and in your very next post...... then we have to get above 23 then we are going to 08,this is an example of analysis paralysis or useless info,you have to have something to attach to each of these clues for them to mean something,.... look at the transports, they are on the ledge ,close to low of day and about to drop another 30 pts to fill cleave...start with big picture possibilities and then reduce for clues to indicate which is more likely to happen..tie 2 or 3 markets together .this is constructive criticism so please don't go judge judy on here again

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Laissez Faire
 

Registered: Sep 2010
Posts: 4153

 

06-25-12 03:16 PM

How stupid are you really?

In case you did not notice, I stated that I remained bullish above 23 that day and the market did trade up to 32 from there, while you said, "Please don`t be long, it`s a trend day."

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murray t turtle
 

Registered: Dec 2001
Posts: 6272

 

06-25-12 05:25 PM


Quote from tenthousandmen:

Many are staying the decline in energy indicates bad things for equities in the near future. Further, other equities cannot significantly climb with bank stocks so low.

Is this good analysis?

Apologies if this is a bad poll...


============
Good question.

Election years tend to be UP.NOT a prediction;
simply probabilities

BIG BANKS[C,BAC...downgraded BIG banks/PIG banks] are not a substitute for the banking sector;
many times ,small banks do well, especially if not overly regulated.Not a stock tip.

Usualy can find good uptrends/sectors;
good downtrends/sectors, same market.

While many are still crying about the real estate market;
for closures are a good time to buy. Not that i think RE has hit a bottom-real estate bear markets/buyers markets/downtrends are by definition ,full of bottoms

And with BAC calling a real estate bottom[2012,lol];
probably increases the chances its not close to a bottom Some real estate appraisers are talking ''ice berg inventory''

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