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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 682.06+0.3%Oct 31 5:00 PM EST

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To: GROUND ZERO™ who wrote (90714)3/16/2017 10:39:12 PM
From: Underexposed  Read Replies (2) of 218304
 
I have thought about your question

are we headed for a recession?
I think you are asking the wrong person about this... this is a fundamental analysis question IMHO

Here is a definition of recession as I understand it:

Recession:

a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
In Canada, before the present government, we were under such a recession technically, though it was denied by the government at the time. The business climate has improved in the past year since the election so at present it appears that we are out of recessionary pressures.... but that could change depending on what is in store for us with the changes in your country as they affect Canada. (NAFTA and cross border taxing of exports to America)

You would be a better position to judge the status of recession in your country... but my limited knowledge of the USA economics tells me that employment in the USA is up and I believe other economic factors are also up... so you tell me :)

Now... if your question is.." do you have any TA that suggests a market bubble is about to burst?" I have never researched such a question and I would have to research past financial collapses to see if there is a pattern that I can use. To date I have not looked at this situation. A gut feel is that the rise of markets cannot go on forever... but I can point to many many economic experts over the last 2 years...predicting the demise of the USA markets and they were wrong wrong wrong. If you listened to them back then you would have all your money in gold and silver bullion and moving to a bunker to wait out the storm.

That is why I don't listen to economic news very much.... especially the doom and gloom type.

UE
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