Tuesday, April 3, 2012

Bulls Still Holding

DJ-30
  • Still In Smaller Bull Fork
    • Break below 13150 would start to be bearish
      • Break below 13000 could be send DJ-30 back to 12000
Insiders Are Selling Like Mad
  • High amount of insider selling (Bearish)
  • Something to keep an eye on
    • Short Term Correction Could Be In Play
  • However if the Fed keeps up with money injections in the market = Higher Highs
    • Only thing that would derail this would be Europe starts to fall apart, again.
      • But the Fed is also buying Euro Bonds
      • Have trailing stops in place