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 686.96

-0.1%

Dec 30 4:00 PM EST

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To: GROUND ZERO™ who wrote (48537)	4/11/2013 2:41:17 PM
From: Fiscally Conservative	1 Recommendation Read Replies (2) of 220891

Well we both agree that todays S&P high should Top this market out. And if so, there will be plenty of backfilling and testing of support areas which should give way and not sustain this Bull Market but instead collapse to the Fiscal Macro Environment with which we are surrounded by. I considered North Korea as a stimulus to the topping. Thus far it has had negligible effects, imo. The Russell 2000 Index has been, in the past, a reliable indicator for topping patterns. So far this Index looks finished. We should collapse next week or so I hope, gg.

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