As If Bear Has Not Been Screwed Enough - Now They Want To Castrate Him!

[Rabbitone]

Quote from Petsamo:

Do we have selloff ?

The selloff may hold going into the close?

 

[Ivanovich]

Can't let it close red. The machines will pop it back up.

 

[Lojanica]

Quote from Ivanovich:

Can't let it close red. The machines will pop it back up.

But we need to close 1128 on the weekly before ramping higher.

Tommorrow? We're within range.

 

[shortie]

Quote from shortie:

anyone? bueller?

on Mon: SMH (semi) and XLE were weaker than XLF and SPY - does it mean anything to anybody?

wrong cupboard or not, but SMH and XLE are red and SPY and XLF are green again. it could mean there is some money rotation is going on. significance of this?

 

[Petsamo]

We closed barely above zero because Europe closed barely above zero. We are doing what Europe is doing.

 

[Ivanovich]

Quote from shortie:

wrong cupboard or not, but SMH and XLE are red and SPY and XLF are green again. it could mean there is some money rotation is going on. significance of this?

http://www.zerohedge.com/article/february-etf-update-biggest-etf-gainer-last-month-spy

 

[Ivanovich]

Quote from Petsamo:

We closed barely above zero because Europe closed barely above zero. We are doing what Europe is doing.

Yes, I'm sure that's it!

 

[Ivanovich]

And the bear beatdown continues.

 

[S2007S]

s$p is going for 9 straight up days in a row...

Little top heavy however Im sure once again they will push it to 10750+ just to get it to new highs before selling it off once again.

 

[shortie]

Quote from shortie:

wrong cupboard or not, but SMH and XLE are red and SPY and XLF are green again. it could mean there is some money rotation is going on. significance of this?

SMH, XLF, XLE all outperforming SPY today midday.