[TimAlerts] $SPY testing multi-day trendline support. This month long sucker's rally might be nearly exhausted.
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[TimAlerts] If SUNE holds 2.42 support, my thesis is that it hits 2.90 following this consolidation.
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[TimAlerts] $ETE poised for potential b/o
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[TimAlerts] $SWN break out
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[TimAlerts] 200 sma @ 4.13 on daily $GRPN
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[TimAlerts] Just took a look at Deutsche Bank $DB. Below 10yr lows. Things look interesting across the pond.
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[TimAlerts] $ETE either wrong on my long or last chance to hop on the train to 6.40
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[TimAlerts] $ETE potential b/o pattern forming.
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[TimAlerts] nice j-hook on $ETE
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this too but the reason market is sinkin has to do with oil. hey if gold is a good buy for mark rubin im ill use that news and fear to make quick profits :)
In a downturn, the smart money seems to go to precious metals. On the macro, doesn't look like oil is at it's bottom yet. Euro banks are in a sad state and may drag everything (equities) down with it for some time.
@Livestockermarketman I think oil goes to around $18 a barrel before something is done. It drops to $25 with ease
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