Seeing Opportunity in the S&P 500 Selloff [View article]
Agree that -10% can represent a good support point, speaking as technician. However, I prefer that the entire Credit Squeeze is rooted out before I move in into the market. Let that be at -10% or at -13% or at -15% drawdown. Or other alternative is when the fed offers to pitch in by making the liquidity available to the consumer (not just to the banks).
I think looking out for these fundamental changes is important in addition to looking at the charts as a technician.
Interrelation of Asset Classes: A Few Market Themes [View article]
Seeing Opportunity in the S&P 500 Selloff [View article]
I think looking out for these fundamental changes is important in addition to looking at the charts as a technician.
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