General market lab and commentary Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : General market lab and commentary

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Robohogs	2/6/2016 12:19:17 PM
	Read Replies (2) of 668

I must admit the bearish pressure is more intense than I expected. The mkt clearly thinks economic bad times are here. Presidential election has same prediction with outsiders in full roar favoured. I still think folks are being too negative but that is me. We let TFANG it FANG or FATMAN this week. Bear cycles - whether corrective or full beard - end with leaders rolling. BIos started that in August and now the darling techs. This week critical to stick save of the mkt. Need to hold 1812 +/- a few percent. Quick retest here. I thought it would take weeks. Transports and utilities are acting mucho better by the way. I still think retest holds BUT. Most Elliot Wavers btw expect the end times. Scaling into new buys a few percent down with stops in 1790s may be way to go.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next