Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 1/12/12

Daily Reading on the Financial Markets: 1/12/12

At PragCap, Cullen Roche on market psychology – namely, that Bulls are buying primarily because of the bad news they aren’t seeing, not the good news they are seeing.

Tony Pallotta restates his case for being short equities, suggesting that both the US Dollar and Treasuries are close to breaking out.

Elliot Wave Trader Avi Gilburt still sees upside into the 1300’s, but believes a turning point could be near.

Chris Kimble notes that Basic Materials (IYF) is approaching key resistance.

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