Market Talk

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Looking good in the AM for the BULLS...

The s fund has a good trend up since April 29 low.
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The bad part of the China currency float is first there is a band the float will stay in...and it isn't much....also, if I think it will go a certain way....they will control their trade on each currency with advantage China....:?

Strange, right when the market needs a shot in the arm to get a finalie, they drop this news.....I'd be watching it really close. Personally, I don't like the scenario....its seems to be a way of finishing off a great few years.....it smells.....:shock::oo

:dude:
 
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Rut Roh...................

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Accumulation looks to have broken the Jun peak....but barely 1.006 from the recent low.....still its a weak accumulation rebound for setting a market 4 year high.......

If the market continues to go unlimited up, then I'd expect an unlimited down soon after.....it always does.....:^
 
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I have noticed over the last several days that the trading vol has been higher in the mornings, and the last several days has had a larger than average vol......but this morning....its hitting the roof!
 
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The Technician wrote:
I have noticed over the last several days that the trading vol has been higher in the mornings, and the last several days has had a larger than average vol......but this morning....its hitting the roof!
Meaning?????Does that mean that over the last several days alot of dumb money was coming in while alot of smart money was selling out?????
 
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If one was going to make an IFT, I wouldn't wait too long. I think the TSP site maybe over run shortly.
 
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Well since Friday the market dropped in the morning all except on Tuesday.....and the trade vol has been higher in the morning than normal.....this morning has been exceptionally higher.....

I'm not sure a drop is immediate from this but trend showing up.....but there is a change of trading going on.....

:^
 
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"If we sell, the terrorists win." The after-lunch money is making itself felt.

Dave
 
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