Wednesday, July 22, 2009

Sell Signals Surfacing

Long SDS at 50.9


SDS Update: Sold it at 50.62. Small loss as it sure looks like the bulls don't wanna let go. Would rather not fight them here.
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3 comments:

  1. Jay JayJuly 23, 2009 at 2:13 PM

    Just a thought. Are we going up becasue the news is a little bad and not really bad? Are people rushing to buy anything just to throw money at a hope? I guess so. I know you can't fight the market, but I can't see any reason that the market is running up so fast so quick other then false hope, or worse ( to make bad times seem good ). Just a thought

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  2. StewieJuly 23, 2009 at 6:32 PM

    don't forget 3 short months ago, the stock market was pricing in total destruction of financial system.

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  3. BlueJuly 23, 2009 at 10:08 PM

    Market of extremes just like our society.

    Extreme sports & fitness
    Extreme diets
    Extreme religion
    etc, etc

    What I'm interested in is starting with OPEX last week, why are they pressing this market up so fast? What's the hurry. Evilspeculator has a theory:
    http://evilspeculator.com/?p=9422

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