Just wanted to put up the origins of that spx channel
Just wanted to add, who wouldn't be suspicious of this rally?? But then who cares?? This is a gift! Just sell if you aren't convinced. Of course the world is still in the same strife it was in only last week but as I mentioned last week do not underestimate the decision to backstop the EURO banks, it's a mini QE2 imo & that is obvious now. I don't think the markets are ready to go to the grave just yet & in the meantime they are simply making room.. imo
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