Haha, ok I could not resist. I promise that's the last "RISK!" headline of the day. Apple has reversed 2% of its loss (from -3% to -1%) and so with that the whole market can now run. Commodities also catching a bid after being trounced. These are massively oversold after the action last week..
As an aside the 50 day (exponential) moving average has dropped from 1217-1218 to 1205-1206 area, so if we go to the upside of the range we have been in for 2 months, I will be curious if the S&P 500 stalls near 1205 or still goes to the old highs of 1220.
It is bemusing to watch the mood changes by the hour nowadays...
Monday, September 26, 2011
"Risk On!!"
Posted by
Mark
at
11:43 AM
"Risk On!!"
2011-09-26T11:43:00-04:00
Mark
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"Risk On!!"
2011-09-26T11:43:00-04:00
Mark
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