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EPS100Momentum
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Author has a degree in Engineering and is an avid investor in the market. Experience in industrial materials and structures. In college studied atomic & nuclear physics as well as material engineering. Eastern European
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  • Don't believe in the Bear Hype, look at the VXX its the real picture 0 comments
    Dec 3, 2010 10:10 AM | about stocks: VXX, SPY, QQQ, TNA, SPXL, SPXS, TZA, DOG, MIDZ, EDZ, EDC

    of how the bears look at today's economic numbers. The fear indicator VXX is down over -1/shr even though the market is red that tells you the bears are selling not buying shorts..

    Buying more on this dip, economic news still good enough to sustain a rally but not good enough for the FED. to raise rates. Its the best of both worlds for Investors.

    ISM which covers 80% of US economy is up November ISM Services 55.0 vs 54.5 Briefing.com consensus; October 54.3 (anything above 50 is increase in economic activity.)

    Stocks: VXX, SPY, QQQ, TNA, SPXL, SPXS, TZA, DOG, MIDZ, EDZ, EDC
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