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Post by jeffolie on Oct 10, 2013 10:58:14 GMT -6
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Post by jeffolie on Oct 11, 2013 6:47:47 GMT -6
80% chance of a decline on the opening according to a technical indicator called the TRIN.
Is the bounce finished? Is the market going to decline?
Most 'bear market rallies' look just like this bounce: sharp up move.
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Post by jeffolie on Oct 11, 2013 7:55:10 GMT -6
80% chance of a decline on the opening according to a technical indicator called the TRIN. Is the bounce finished? Is the market going to decline? Most 'bear market rallies' look just like this bounce: sharp up move. Markets opened with a decline If my jeffolie SWAG (Scientific Wild Ass Guess) about the Peak 2 being completed, then after sucker rallies and at least a month or more likely upto 4 months declines should become more serious...most of the dramatic big single day declines in the predicted upcoming horrible bear market most likely will not happen for 6 months or more from now.
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Post by jeffolie on Nov 12, 2013 5:42:47 GMT -6
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Post by jeffolie on Nov 15, 2013 15:07:34 GMT -6
The entire week of November 11 through 15th the VIX touched or remained below 13.0 with a 12.xx handle ending on Friday the 15th when it touched below 12 at 11.99 during the day. Nov 15, 2013 2:47 p.m. Day low 11.99
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