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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: GoodGord who wrote (90583)3/14/2017 11:38:33 PM
From: John Pitera3 Recommendations

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3bar
GROUND ZERO™
mary-ally-smith

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Hi Good, It's very interesting that I would say that 90% or so of the instances where the SPX was able to go over 100 days without the 1% pullback came in time periods of a larger secular bull market. 1954, 1957,
1961, 1963, 1964, 1966, 1967, 1985 1995..... all strong periods of time for stocks.....

1995 was a horrible year for bonds and Orange County California defaulted on their Muni debt..... but stocks did well.

This type of market behavior that we have seen.... appears to be more the theme of bull markets.

Katie Stockton of BTIG is a pretty reasonable technician...... she was commenting on a pull back to SPX 2280... last week...

WTIC cut right through it's 200 dma like it was not there..... but it tends to get support after it has broken below it.



JP
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