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 694.04

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Jan 9 4:00 PM EST

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To: Gary105 who wrote (45024)	1/31/2013 11:09:12 AM
From: GROUND ZERO™	Read Replies (2) of 221611

It takes a long time and many miles to turn a large ship around at sea... this market has been moving higher for a while and has or had such incredible momentum on its side... it still does, but at some point the cold harsh facts of reality will hit this market in the face... and when the sugar high of all that QE finally wears off, the drunken celebration will end, and it won't be pretty... I think the first crack of weakness finally appeared yesterday in that government report... and today's initial claims numbers are higher than a month ago... there's still no credible good news, not yet... GZ

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