By Matt Nesto | Breakout – Fri, Aug 19, 2011 12:37 PM EDT
But in the meantime, "it's all about protection of equity. My suggestion is to pare back all positions," the Chicago-based Ilczyszyn says. Until the S&P 500 re-tests 1100, and perhaps even 1000, Ilczyszyn is "selling the rallies." He says the "chart is sick" and throwing off unambiguous sell signals combined with a clear failure to get above 1200 on the S&P.
Check The Video: http://finance.yahoo.com/blogs/breakout/play-market-hangover-163706025.html;_ylt=ArGGIMu7OvfQnhDTcaNRkOIm2YdG;_ylu=X3oDMTBwazQxdTgxBHBvcwMxMgRzZWMDTWVkaWFCbG9nSW5kZXg-;_ylg=X3oDMTFvcGs0cnBnBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANibG9nBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3
Financials Lead Global Sell-Off But This Is Not 2008: Yoshikami
By Jeff Macke | Breakout – Thu, Aug 18, 2011 2:12 PM EDT
Yoshikami agrees that the only players in Europe with the money to help are France and Germany, but any plan those quasi-allies might form is nascent, at best. The ECB is a puppet, the Fed is in a box, the future's uncertain but the end is always near. What could snap us out of it? "Best we can hope for at this point is that someone at the European Union will wake up and recognize that the world is watching; inaction will lead to panic".
Check The Video: http://finance.yahoo.com/blogs/breakout/financials-lead-global-sell-off-not-2008-yoshikami-181200491.html;_ylt=Ar6QxSMu6Iug1TmBlK9QZYsm2YdG;_ylu=X3oDMTBwYmNrZ3A4BHBvcwMxOARzZWMDTWVkaWFCbG9nSW5kZXg-;_ylg=X3oDMTFvcGs0cnBnBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANibG9nBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3
Gold, Oil & the Dollar: Correlation Breakdown Is Concerning Says Yamada
By Matt Nesto | Breakout – Wed, Aug 17, 2011 9:31 AM EDT
Check The Video: http://finance.yahoo.com/blogs/breakout/gold-oil-dollar-correlation-breakdown-concerning-says-yamada-133101803.html;_ylt=AuT4McWZ81lxDwlvKc3rltUm2YdG;_ylu=X3oDMTBwdnNsa2ZxBHBvcwMxOQRzZWMDTWVkaWFCbG9nSW5kZXg-;_ylg=X3oDMTFvcGs0cnBnBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANibG9nBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3
Market in Death Cross Mode: Stay on the Sidelines Says Louise Yamada
By Jeff Macke | Breakout – Tue, Aug 16, 2011 11:21 AM EDT
Check The Video: http://finance.yahoo.com/blogs/breakout/market-death-cross-mode-stay-sidelines-says-louise-152153873.html