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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Fintas who wrote (50964)5/30/2013 8:51:33 AM
From: GROUND ZERO™  Read Replies (1) of 219202
 
Of course, I fully agree... my only point is that for a specific chart pattern to exist, it first must exist according to exact specifications, this is what makes that particular pattern so rare, yet so highly reliable when it occurs... but it doesn't change anything in the broader sense, just that if the pattern did complete itself, then I would think these markets would be significantly lower this morning...

But, regardless, I still believe this market is very heavy and is standing on thin ice right now, a significant decline is near...

GZ
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