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Thread: Anecdotal Note

  1. #1
    Join Date
    Dec 1969
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    Long Island, New York
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    Anecdotal Note

    My personal model relies heavily on dip buying, and therefore gets crushed just before a correction.

    It's getting crushed today.

    This Canary is gasping in the coal mine...

  2. #2
    Quote Originally Posted by Timothy Clontz View Post
    My personal model relies heavily on dip buying, and therefore gets crushed just before a correction.

    It's getting crushed today.

    This Canary is gasping in the coal mine...
    I suspect that this is a natural overbought reversal, which could be intensified by EOW selling, but Monday will be another day.

    We can see that large players are NOT buying T-bonds here.
    But I do respect your opinion.


    Pascal

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  3. #3
    Join Date
    Dec 1969
    Location
    Long Island, New York
    Posts
    515

    Hope you're right!

    You have far more visibility into market internals than I can produce :-)

  4. #4
    We can see that money is not moving in, most probably because of the End Of the Week.
    All the early Thrust long/short signals have been cancelled, which simply means that volume is running low.


    Pascal

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    Last edited by Pascal; 04-14-2013 at 08:41 AM.

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