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- Jul 20, 2012
Financial media is trash
Except for the people that promote to buy every dip (at least currently amounts their peers)
Because they’ve been correct so far
You can basically throw money in anything and get a decent return (unless it with one of these failing retail stores that’s on the brink on company extinction ie gamestop Macy’s )
I think we are going to continue the uptrend in the next few weeks unless the signing of phase 1 doesn’t happen
the Iran news had a big impactful downtrend in the early premarket hours SPY was down to $320 and recovered some of that out the rip to open at $321 people that were bearish was expecting a 5% fall and barely held it down to .76%
SPY might close at $325 Monday
Except for the people that promote to buy every dip (at least currently amounts their peers)
Because they’ve been correct so far
You can basically throw money in anything and get a decent return (unless it with one of these failing retail stores that’s on the brink on company extinction ie gamestop Macy’s )
I think we are going to continue the uptrend in the next few weeks unless the signing of phase 1 doesn’t happen
the Iran news had a big impactful downtrend in the early premarket hours SPY was down to $320 and recovered some of that out the rip to open at $321 people that were bearish was expecting a 5% fall and barely held it down to .76%
SPY might close at $325 Monday