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McMillan: Tech talk, trades and an agriculture ETF |
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| Dec 03, 2009 04:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Amgen Inc (AMGN), ETF Investing, Commodities, Oil, Agriculture, Stocks to Buy "Nothing has changed to unseat this liquidity-driven rally," says options expert Larry McMillan. In his trading service, The Daily Strategist, he eyes the technical side of the market and some new trading ideas. McMillan explains, "Following a test of the uptrend line around 1080-1085, the S&P Index has continued to move higher. Sentiment levels have improved back above the 75th percentile. And the technical measures we follow have started to move in a more positive direction once again. "Breadth measures moving back into overbought territory combined with weakness in risk-averse asset classes such as T-Bonds and the Yen would be a further bullish sign. Continue reading McMillan: Tech talk, trades and an agriculture ETF McMillan: Tech talk, trades and an agriculture ETF originally appeared on BloggingStocks on Thu, 03 Dec 2009 11:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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