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jimkane
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Posts: 33,089
And yet another new high for the entire 'bulls#%&' market. Same old, same old. I can't imagine this not setting new all-time highs, and way beyond. I just don't get the idea of being bearish in a bull market that is setting new highs... Some day maybe. Maybe that was the high there for the rest of my life. Who knows. But I've seen the bears attack that way for quite awhile now. If any of them have any money left some day they'll be right... once.
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jimkane
Rep: 3,058
Posts: 33,089
http://slopeofhope.com/2012/03/vix-and-spy-just-sayin.html
There is a practical, illusionary trading aspect to a chart like this, one I can't believe posters as skilled as this one don't see, or don't explain, but nonetheless it's still a cool chart.
There is a practical, illusionary trading aspect to a chart like this, one I can't believe posters as skilled as this one don't see, or don't explain, but nonetheless it's still a cool chart.
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jimkane
Rep: 3,058
Posts: 33,089
JPM announcement. Look at it on a 1-min. The market is now getting into frenzy mode.
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jimkane
Rep: 3,058
Posts: 33,089
Just look at those 1-min charts on those financials, led by JPM! Got to love those quality stocks.