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 672.04

-1.7%

Nov 13 4:00 PM EST

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To: GROUND ZERO™ who wrote (85066)	7/26/2016 10:34:53 AM
From: robert b furman	Read Replies (1) of 218785

Hi GZ, I've been thinking that for most of last week - yet it just rotates and chugs along. There comes a point where the shorts must recognize the trajectory and forced capitulation fuels the volume and confirms the break out. The Dow has just slowly moved up - rotating sectors as the noose quietly draws tighter. Macd looks like it needs a reset and the Bollinger Bands are pinching tight. Is it a breakout or a collapse? Never short a dull market ! Bob

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