Recent content by Trader Soda

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    Trend reversal or pull back or no idea

    I think that what we saw is somewhat an over re-action in the markets the other day. Like many have pointed out P/E are attractive and the Fed if conditions weaken will jump in. The Europe problem will not go away long term but for now banks in Europe have plenty of cash and the ECB...
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    Trend reversal or pull back or no idea

    I think RedTankEra has it right this is the first time since the low in December that we have seen this kind of pullback. Everything right now is lining up along major support areas. Trendlines 1350 and 50 day MA. When major support levels converge generally in this type of...
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