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Discussions for iShares CDN S&P/TSX 60 Index Fund View all discussions

  Volume is weakening
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rx3...@gmail.com  
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 More options Apr 16 2009, 8:54 pm
From: rx3...@gmail.com
Date: Thu, 16 Apr 2009 17:54:52 -0700 (PDT)
Local: Thurs, Apr 16 2009 8:54 pm
Subject: Volume is weakening
I dont know about you guys but the volume on the XIUs are weakening.
Only dumb money is pushing up this market right now. I believe the
smart ones are sitting along side waiting for the opportunity to load
up once it comes back down and retest the lows.

In the short term, there will be a big correction. All this
bullishness in the last few weeks was all artificial. Look at the
macro, nothing is sustaining this bull run. The economy is not yet
recovered yet. There is still worst to come. Like they say, sell in
May and go away. Take some of your profit off the table while you can.
There's nothing wrong with that.


 
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gogeta9118  
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 More options Apr 28 2009, 6:35 pm
From: gogeta9118 <saadars...@gmail.com>
Date: Tue, 28 Apr 2009 15:35:00 -0700 (PDT)
Subject: Re: Volume is weakening
This is exactly what i don't understand. Why have we had a bullish
rally in the last 7 weeks is beyond me. I've yet to see a recession
which climbs out of a "V" shape.

- awaiting the next dip

On Apr 16, 8:54 pm, rx3...@gmail.com wrote:


 
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