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Wall Street's ability to absorb bad economic news signals a breakout rally soon, Todd Horwitz...

Wall Street's ability to absorb bad economic news signals a breakout rally soon, Todd Horwitz says. "Even with durable goods being down, the market is still not being hurt that much. It looks like it's consolidating here, and holding up very well. And it looks like there could be a big bounce to the upside."
Comments (10)
  • mikebrah
    , contributor
    Comments (253) | Send Message
     
    Stellar timing Todd
    28 Jul 2010, 03:13 PM Reply Like
  • rjk2118
    , contributor
    Comment (1) | Send Message
     
    nice one.
    28 Jul 2010, 03:14 PM Reply Like
  • nobby73
    , contributor
    Comments (1177) | Send Message
     
    In other news, a man's refusal to admit his house is on fire leads to immolation...
    28 Jul 2010, 03:18 PM Reply Like
  • Apacheleadership
    , contributor
    Comments (61) | Send Message
     
    You can find a carnival barker on every corner of Ponzi avenue.
    28 Jul 2010, 03:21 PM Reply Like
  • MarketGuy
    , contributor
    Comments (3983) | Send Message
     
    Translation: Wall Street's ability to program machines and manipulate markets because of low volume is compounded with the relentless bullish BS being spewed from various media orifices that it's the "markets" in the traditional sense of the word making this happen.
    28 Jul 2010, 03:22 PM Reply Like
  • berated
    , contributor
    Comments (389) | Send Message
     
    C'mon now--- Big Todd's got his finger hovering over the "PPT GO!" button, poised to press it at the *perfect* moment for today's 3:36 ramp job....
    28 Jul 2010, 03:23 PM Reply Like
  • Greener Pastures
    , contributor
    Comments (24) | Send Message
     
    ya, right. I'm in cash.
    28 Jul 2010, 03:25 PM Reply Like
  • spald_fr
    , contributor
    Comments (2796) | Send Message
     
    Horwitz: "And it looks like there could be a big bounce to the upside."

     

    That big bounce is deflation coming right AT you, Todd!
    28 Jul 2010, 03:28 PM Reply Like
  • Duude
    , contributor
    Comments (3394) | Send Message
     
    You don't know the half of it. Todd's last call was back in February 2008 when he thought the market might crash.
    28 Jul 2010, 03:29 PM Reply Like
  • User 502794
    , contributor
    Comments (122) | Send Message
     
    who is todd horowitz and why does anybody care what he thinks?
    28 Jul 2010, 03:45 PM Reply Like
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