|
发表于 2012-6-4 03:59 PM
|
显示全部楼层
dsp 发表于 2012-6-4 15:35 
No big institutions are selling today even SPY broke 200SMA? I did not expect bulls can hold it.
The real selling started around March / April when data are still very good. Back then smart money already anticipated bad data down the road and they started to sell, into the hand of those dumb money who is happy about every piece of good news and data point.
Now the data is so bad but no one is selling. Well I guess I'm not exactly right. Still dumb money are selling, because now the data are so bad. Today's price action signals that smart money is more than happy to buy from them.
|
|