I think the low is in for the day. In fact I don't see the market trading lower than 739 from here to the close. Indeed we need a break below 738 before I alter my stance of buying dips.
Wow, 741! I guess we know not to doubt Carl (again)! Good call. I sat this last one out. I was skeptical that the market would sell off like this again but I hope he covers soon and we are going to move higher soon. Since I started writing this we are already back over 743 so this should be interesting!
6 comments:
Hello Carl,
looks to me like a buy down there...
I am long from 739.00
cheers
Susn
I would be careful with that short...I have hated the market forever but the bonds are selling off as is gold...the money has to go somewhere.
I think the low is in for the day. In fact I don't see the market trading lower than 739 from here to the close. Indeed we need a break below 738 before I alter my stance of buying dips.
749 is a resistance level also for me, but i'm confident it will go up to 760 today.
//AR - Italy
I dont think he is saying the truth, it is just a test to see our reaction, maybe he is long as all of us:)
Wow, 741! I guess we know not to doubt Carl (again)! Good call. I sat this last one out. I was skeptical that the market would sell off like this again but I hope he covers soon and we are going to move higher soon. Since I started writing this we are already back over 743 so this should be interesting!
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