Wednesday, November 9, 2011

All up to ECB and IMF

   HAHA wow what crazy day!!! WATCH out people shorting this market the second people find out the ECB or the IMF will interviene to help lower Italy's Intrest rates it could pull a (short) squeeze... Meaning people shorting will buy to cover that will prop market up higher.... But as stated the EURO did break out of the BEAR Flag formation............ What will Happen Next!!!!! I Have no Idea at this rate of uncertain proportion But i do know that if the S&P 500 holds above 1233 there is some support but if we dont............................... Here comes 1200 and the Bears will rise out Caution


This is the current chart as of today.......... The flag and the breakout, can it go much lower depends on ECB and IMF and people do not like uncurtainty

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