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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.66-0.1%Jan 16 4:00 PM EST
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To: Robohogs who wrote (111068)9/10/2018 5:42:28 AM
From: GROUND ZERO™3 Recommendations

Recommended By
FullVelocity
GoodGord
Mevis

   of 222019
 
All the indicators are clearly overbought so we could see a sideways action for a while which would be powerfully bullish...

Here's the quote from that article which I have been using as my own mantra for years, as I see it, everything we need to know is found in the charts...

It should be quite obvious by now that the market determines what is important and what is not. It will do so more accurately than pundits, analysts, and the army of investors who believe they can outwit the market.

That's the way it has been for decades, and will continue to play out that way. Market participants will invest based on their own interpretation of the news events of the day. However, the price action of the market will clarify what is important, and what is not, far better than any individual can.

GZ
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