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 687.86

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To: Joseph Silent who wrote (40209)	11/9/2012 6:38:00 PM
From: GROUND ZERO™	Read Replies (1) of 220818

I have to agree with you... when I first got my sell signal, I was ready and I expected this signal to be huge, I figured the QE bubble had finally popped... and I still think so, and I think we could still easily see 1320ish since the bond market is still moving higher and the dollar has also launched into a major rally... I'm long the dollar... I think I'm really also concerned about the state of our economy with another 4 years of tax and spend mentality... I find that disturbing and I don't see how this market could sustain a legitimate and honest rally with that kind of economic environment... as a trader, I could just stay short, but everyone likes to see the stock market move higher, even traders...<g> GZ

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