My investments are still in short and protective accounts but I am done for awhile and going on vacation till July
Good luck and be safe
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Even though I've been predicting markets for over 15y with a 90% average accuracy, it still wears me out in these crazy up and down swings.
A tweet from 6/8 about once we reach the 1330's area and what will happen.
#timestamp
Was looking for 1333 got 1335 (I'll take it) from a 1250's support line bounce I called.
Tweet from 6/7
Money to Spain's Banks was not a solution but a quick fix to help in the middle of a major crises
Helps to continue the bounce to Fib line
So be cautious and have protection as we test the 1330 area once again.
When the markets turn they will fall fast and hard.
GL
Markets are up over a bullshit speech told by the most powerful man in the world.
The high will wear off and reality will set in soon.
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Interest rates are at historic lows so Bernanke knows it would be a waste of money so he does nothing, which markets don't like.
He knows
Bernanke gives a say nothing speech and World Markets upset and start to fall
Next day...Obama gives a calming speech and markets go up
S&P unable to break 1330 and VIX still above 20 as the 10y hangs in flat land.
Cautious but one more push to the 1333 line could happen.
The bounce from the 1269 area continues
Was worried about the bounce but the close above my 1275 resistance made me feel better
1320 area
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Bull4Stocks retweeted
Charts are sick w inconsistent near-term messages, monthly charts very bearish but calling for DCB that is not showing well in daily charts
A lot of bulls buying yesterday near the close. I hope it pays off for them as I sit and watch because of a weak bounce and terrible action
Other companies because of the $FB disaster, have put their IPO's on hold.
Just don't over hype, overprice or keep info from buyers



