Ian Woodward's Investing Blog

Stock Market – “PIGs” Fight Back!

Maybe Hellicopter Ben came to the rescue today by announcing there would be no change in Interest Rates, or maybe it was a weak bounce from a badly oversold market, but the Banks were strong today with Goldman Sachs making the biggest gain…go figure!

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Let’s see if my suggestion that  the Bears must get cracking by this weekend or this market is headed up again one more time comes true.  The Orange Line held:

sandp

It seems from the number of hits I had yesterday that many of you are enjoying the Bullseye picture which as you all know is the %B coming up through the Bandwidth and/or there is a big Kahuna which is a one day change in %B either to the upside or downside.  Here are a couple of tidbits for you again today:

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Best Regards, Ian.

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