see chart, just gaze into it, simple correlations, some say useless, some say says everything. Too simple to be the truth? Oil to 35?
Comments
jangseohee
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So Oil is the one leading the collapse this time as i previously posted
claydoctor
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Yes, it is always the big money, big money in oil, power, control. Follow the money.
claydoctor
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SPY did not react big time until after the mid point of the oil collapse in 2008. It hesitated, bulls were in denial, disbelief, but eventually the truth will out. Same thing this time, but currencies , central banks, are having their say, lessening the plummet I think maybe.
jangseohee
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The safer or more confirm way to see whether a reversal is near is to wait for a weekly or monthly high spin DOJI
claydoctor
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I think oil to 35, what does that mean for markets?
jangseohee
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Megaphone downside completed by then :-)
Still wary of Christmas Rally though my 200+ shorts are getting fatter now
One thing, there is a large BIG GAP in IBM...
jangseohee
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there might be a change of sentiment tomorrow.. FOMC and Friday, OPEC