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

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yard_man

To: Claude Cormier who wrote (85878)	8/17/2016 8:07:18 PM
From: GROUND ZERO™	1 Recommendation Read Replies (2) of 218889

Looking at the lopsided Put/Call ratio of these markets right now, people are just way too bullish, this is an empirical fact... in fact, more bullish now than in the past 8 years... that's not good for any market... so, I suspect we'll see a more significant decline within the next week or two before the next serious rally could resume... sure, we could be higher tomorrow and Friday, but then more backing and filling, until the decline finally takes hold... of course, unless I'm wrong, and I could be wrong, no problem there... All my comments are subject to the 50/50/90 Rule... that means if I have a 50/50 chance of being right, then there's a 90% chance I'll be wrong... GZ

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