Registered User Joined: 10/25/2005 Posts: 145
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FYI: For those interested in short-term multi-day swing positions.
As of Thursday's close, we see nearly one-fifth of the SP500 stocks are positioned for a coordinated move. Sectors with heavy representation include:
Insurance/Financials/Banks
Semi's/Tech
Air &Rail Freight
Media
The signal direction will come as soon as FRI, or we'll be waiting til next week. For those wishing to play along, prior to Friday's close, take a look at (MS, BLK, ZION, FITB) as representatives of the broad group. If you determine that they will close higher on Friday, then the signal dictates the broad group as a whole is expected to move higher over the coming days. If these representatives close lower on Friday, then the signal direction will be postponed until next week.
Have a good weekend.
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