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  1. Downtrend Continues - Posted by Coolhand

    Quote Originally Posted by coolhand View Post
    The bears made it 2 in a row today. The market wasn't hammered, but it's been trending lower now for over 2 weeks. And NAAIM has been bullish for most of that time. At this point, I have to say that the smart money was too early this time.

    Transfer 9/30 for 10/01/04-s-p-500-png
    Transfer 9/30 for 10/01/04-dwcpf-png

    Price on the S&P edged a bit further below the 50 dma. It's still not far from that key average and hopefully it won't stay below it for much longer. Price on the
  2. TSP Talk: Election nerves and COVID concerns

    Stocks start the new week very similarly to how it started last week. The only difference may have been that last Monday the indices closed near their lows of the day where yesterday we actually did some some buying into the close, but it was a very negative day nonetheless. The S&P 500 lost 64-points, and last Monday it was -57. The Dow lost 650-points - more than 300 off the low of the day. Perhaps the good news from last week was that the sell off on Monday the 19th turned out to ...
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