Thursday, January 28, 2010
Thurs 12:50
there are 3 bullish divergences on the hourly spx on RSI14. also bullish divergence on trix and ift. but this market just feels like there is nothing to push it back up. where did all the bulls go? Its the PIIGS that are affecting the market, with greece leading the way. but I knew about this long before and is one of the primary reasons I am so bearish. That and the housing problem which has not gone away and is going to resurface big. I outta be in SDS and FAZ and TZA and just sitting there. Another big down market today... dow down over 100
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