Alpha Global Investors: SP 500, don't believe the hype

Wednesday, January 23, 2013

SP 500, don't believe the hype

SP 500 weekly chart ; Don't believe the hype !
Watch out for "fake break outs" !
Expecting a pull back (not a crash), followed by another sideway market.

4 comments:

Eugene said...: Hi Moise,

Which area do you think the pullback will be until? 1400 levels or lower?

Any thoughts on the $VXX?

Thanks for all the insights and posts!; January 23, 2013 at 6:55 PM
Moise Levi said...: Hi, VXX is way way oversold ...
Would buy right above 24

Thanks; January 23, 2013 at 7:01 PM
Anonymous said...: "not a crash" ?! Do you mean KRACH !?; January 23, 2013 at 10:03 PM
Anonymous said...: Levi,

if i may ask, why do you say dont buy the hype for S&P? Thanks!; January 25, 2013 at 7:48 AM