本帖最后由 何鸿燊 于 2011-9-20 19:01 编辑
As I mentioned last week - we are not going to be "bullish" until we break over the rising green channels so, every day, our expectations are raised. At the same time, we're not going to be panicked out of positions by moves down that remain inside the channel UNLESS we make a low again without first making a new high. This is a very dangerous spot because the Nasdaq may top out here and head down before the other indexes get a chance to complete their up cycle so what we NEED to see today and tomorrow is the Nasdaq breaking clearly over the green line and holding it - which would be sort of an invitation for the other indexes to come and join it.
Weakness in the broader (and harder to manipulate) Russell and NYSE is a huge concern. At the moment, we are playing the Russell bullish as a lagger and the the Nasdaq bearish as a leader. We're watching the Dollar on the 77.50 line and over is bearish and under is bullish - what can be simpler than that?
It's going to be a bumpy ride into tomorrow's Fed announcement so let's be careful out there.
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发表于 2011-9-20 18:58
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