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Author: Jeff Pietsch

Washout?

While the late day run up yesterday shook out some bears, they came roaring back today and stopped the bulls 5 points away from closing this morning’s S&P gap.  Double-dip recession talks made head line news...

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Baby Calf October?

After looking into the abyss for an hour, the buyers showed up and closed us in the green. There is a huge performance gap in the NASDAQ today; perhaps it’s related to large fund liquidation?  Did window dressing play...

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Copper the Indicator

Copper’s been a leading market indicator for so long that’™s it’s nickname is Dr. Copper. It’s most recent diagnosis has been a bearish movement in the S&P 500. If this morning’s German...

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Staring into the Abyss

A minor opening bounce was decisively sold, and the market closed near the lows of the day, crushing our three-day bounce.  Volume was a bit lighter, but we have another lower high forming after testing the break down area...

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DVB’s Evil Twin & The DVI

I’ve blogged recently about the change in market behaviour recently, particularly in relation to short term mean or range reversion. Quite simply, the market aint behaving like it used to. In some ways, we had it too easy...

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Weasel Pop Fizzles

This is a postscript to my previous post and a recognition that the market gave up half its impressive mid day gains by the close, much of it in the last hour. Sincere congrats are due by all readers to my esteemed cohort Rob...

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Middle of the Range

This morning, the market blasted higher on continued chatter about some sort of Euro-TARP and quarter end optimism.  SPX turned down in the upper end of resistance zone 1190-1195 as news rolled out that the most recent...

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