Quote:
Originally Posted by Vanity
TVIX up 11% on today's open. Incredible!
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our predictions are now occuring
. Charts don't lie. Whenever there is a good day there's good news in greece and whenever there's a bad day its "bad news in greece" aka the news is ful of sh*t
. The market has been getting artificially pumped up by Mr. Bernanke's quantitative easing to create the wealth affect. As you can see this happened last year as well:
We also last year hit the 1350 resistance that we hit again yesterday, as you can see we had a pull back, meaning we tested the highs again and the market pulled back. According to this article, there will be some support for the market at 1327:
http://finance.yahoo.com/news/p-500-...093700463.html
More indicators the market is at its top:
Also, note how high RSI is in that graph
And last but not least lets take a look at TVIX