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 670.92

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Nov 7 4:00 PM EST

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To: John Pitera who wrote (89779)	2/15/2017 3:31:34 AM
From: GROUND ZERO™	Read Replies (1) of 218591

Hi John, A very excellent post and I cannot disagree with you points which are very well presented... the dollar has not weakened as anticipated despite a 7 week chart pattern... I could also say these market have not weakened despite a very obvious bearish wedge pattern... very clearly, the economic landscape is changing and these markets are reacting for the better... I have no problems with that since my model has been long from the onset and I still have no sell signal in sight... so we may as well ride the trend for as far as it takes us... when it comes to these markets I'm not a guru, I'm a follower, e.g., I never tell the market what it should do, it tells me what to do and I follow... As an aside here, I would imagine a continued firmer U.S. Dollar would likely put additional downward pressure on gold then??? TIA GZ

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