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 688.98

+0.5%

Jan 22 4:00 PM EST

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To: Peace who wrote (108542)	7/22/2018 4:25:48 PM
From: GROUND ZERO™	3 Recommendations Recommended By FullVelocity Machaon Vendit™ Read Replies (1) of 222249

Good to hear from you and certainly no need to post when you're busy at other things, but I did reference your earlier comments as a valid indication of a possible market exhaustion point... It does look like these markets are more vulnerable now and, in addition, the weekly p/c ratio is now also turning significantly... while still in the buy zone, the bar is very close to entering the sell zone... That could happen early this week or maybe still one more week away, but the time seems closer now than it had been when we first touched on this point two or so weeks ago... I certainly don't want to jinx you, but you've absolutely been right on target in both directions for some time now and it's certainly worthy of mention... GZ

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