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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: giddy guru who wrote (7951)7/23/2010 10:23:48 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218388
 
Yes, exactly... this market will always look like its about to top out, but it won't... it will fool enough traders to go short, but all of them will get stopped out much higher as this rally continues...

Markets don't bottom on good news and they don't top out on bad news, it's the other way around, they bottom when the world is coming to an end and they top out when everything looks great...

GZ