Tuesday, May 11, 2010

update as of tuesday may 11, 2010 at 1250pm

markets reversed monday after ecb pummeled the fixed income markets with nearly a trillion euros of easing.

today's reaction perhaps answer whether the reversal can be sustained.
some stocks like bidu at 710 now is already close to recent all time highs.
bidu was as low as 625 last week.

spx at 1167

1-0 sell
2-0 buy weekly
9-2 sell monthly

if spx can close above 1192.13 this week,
we recycle to a new count of 1-0 sell for the weekly frame

other chiu index stocks:

aapl at 259.59

1-0 sell
1-0 sell weekly
9-5 sell monthly

goog at 516.89

2-0 sell
6-0 buy weekly
4-0 buy monthly

gs at 145.11

8-0 buy
5-0 buy weekly
2-0 buy monthly


New Paris Video


paul

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