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SPDR S&P 500 Message Board

  • penystoc penystoc May 15, 2011 2:38 PM Flag

    Heading South

    All the bullish comments in favor of stocks ignore 3 things.
    The 50 day moving average of SPY compared to TLT
    A the bullish comments have long been factored in
    Cash levels compared to margin debt are flashing red

    These 3 are the best indicators you can find and rarely so all 3 line up so perfectly.

    Down we go from here

 
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