Cusick’s Corner 06-06-2012
Context — that is what a lot of traders are looking for in the market today but most likely will not get anytime soon. There is plenty of conjecture about ECB intervention and QE which has a squeeze in play but I do not see this as anything more than an oversold bounce in a downtrend. There does not seem to be enough volume for this upside move to create much conviction at this stage, but this has put the squeeze on the shorts. Traders need to be disciplined both on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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