SP 500, as planned

Posted: April 7, 2014 in Uncategorized
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As we said this latest part of the rally includes several positive days and then a “wipeout day” that brings teh clock back.

Exactly how Friday was. The wipeout day  took off a neutral day and 4 positive days.

In the short term, the first time we were at 1865 was the 12 March, 4 March and the very first time (intraday) 28 February.

So a day winded back the clock a month! Still in my personal model I got 2 Sells (Nasdaq and Russell early last week) and

SP500 is in critical condition…but not dead yet

 

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