claydoctor

SOX DOWT >< SPY

Short
FX:SPX500   S&P 500 Index
1
Oil has a good day, the correlations are changing. DOWT does NOT like higher oil prices. SOX and Transports weighted the October "V". Watching them closely next few days to see if they bounce OR NOT, I think not regardless of what OIL does, and it could go lower. Earnings season on the horizon, no way it is a good one. Like 15 minutes can save you hundreds on car insurance, "EVERYBODY KNOWS THAT". I think today was the beginning of what everybody really knows, this real, fundamental, economy has been on thin ice, inflated, and it will have its day. The sell button may get a work out tomorrow, even though the talking heads are saying it will bounce back. Been seeing the DOWT getting heavy for a little while now. ARE THOSE DOUBLE TOPS I SEE?
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