September 17 2009 – Contrarian

Fri, Sep 18, 2009

US Commentary

A pause day today ahead of tomorrows equity options expiry. That event can swing price around a little. Almost every technical indicator is over extended and stretched. Everyone is saying this market needs to dip to some degree. Perhaps it will. But the fact that almost everyone is calling it suggests it probably won’t.

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This post was written by:

Nick Radge - who has written 898 posts on The Chartist.


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