Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 680.59

+0.6%

Dec 19 4:00 PM EST

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To: ecrire who wrote (22151)	7/27/2011 3:45:06 AM
From: Gary105	Read Replies (2) of 220507

Yes the market leaders are doing well as they usually do during a topping period. The breadth of the market is not that great. We continue to have high unemployment. Treasury debt will most likely be downgraded a notch at best (at worst we have chaos). The Dow has not confirmed earlier highs. We are close to a GZ sell signal. Unfilled S&P gaps in the 905 area. This is either the pause that refreshes (always a possibility, especially given increasing bearish sentiment) or the calm before the storm (my guess) BWDIK

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