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Friday, September 16, 2011

Cara Community

Cara Community


Tables & Charts for Thursday, Sep 15th, 2011

Posted: 15 Sep 2011 09:02 PM PDT

Bill Cara's Blog for Sep 15, 2011

Posted: 15 Sep 2011 04:00 AM PDT

CTA Trading Desk Morning Report

[7:00am ET] Good morning.

How do you spell RELIEF? It's G-R-E-E-N as in the color of the monitors of European bank stock prices this morning.

blog11_sept_15.1.gif

However, the pundits seem to be stuck on the word RELIEF, as in Relief Rally, which is to say the burst of buying, they feel, is not the continuation of a Bull market, but merely a temporary reversal of the August sell-off, with more bearishness on the horizon.

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