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American Capital Agency Corp. Message Board

  • mmichaelr mmichaelr Feb 5, 2013 2:08 PM Flag

    GSPC Oh-Oh

    The hi 2/1 was 1514.11 The Hi 2/4 was on the open 1513.77 So far today Hi is 1512.33. I did not think sentiment indicators were in the range to suggest a more than 3-7% correction. I have to disregard the VIX as not being confirmed by others. But???

    I feel what Bob Brinker would call a 'health restoring' correction of greater than -10% is needed; but I would not be comfortable having it during this seasonally strong timeframe. Later April thru summer yes.

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