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Directionless stock market now ready for sell off. ,,,,,,,,I will be watching this one LOL...

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 10 Aug 12 9:57 AM | 42 view(s)
Boardmark this board | De's Test Board 		Msg. 43232 of 45651
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Posted by Vinay jha

After holding gain for 4 days, Dow, S&P500 and Nasdaq are now ready for sell off. Behind the scene,
U.S. regulators have directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help. Its time to keep FAZ, VXX in your watchlist. Remember Italy needs to make 10 B payment on August 15th and Greece needs to make 3.2B payment on August 20th.

For bearish sentiment to continue, Dow needs to break 13,187 followed by 13,220 and S&P500 needs to break 1406.30
For bullish sentiment to continue, Dow needs to break 13,117 followed by 13,065 and s&P500 needs to break 1398.53 followed 1392. All the chart in this site is applicable to S&P500.

moreeeeeeeeeeeeeeeeeeeeeeeeeeee

http://www.freefdawatchlist.com/2012/08/directionless-stock-market-now-ready.html




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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