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

To: ecrire who wrote (29452)	3/3/2012 7:25:24 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 223533

You may be 100% right... but, near term, I have good reasons to suspect the stock market is not on such solid ground, the momentum has fallen off considerably and all the relative strength indicators have now flat lined, the market is suffering from momentum exhaustion... in a health market, the strength indicators can be read much like an EKG, a health market has good rhythmic up and down spikes, this is not the case when a market has entered a phase of momentum exhaustion... it could still run for a bit, but I wouldn't get too exuberant right here... I fully agree with you on the U.S. Dollar and the commodity markets, I think we're going to witness a serious decline soon enough in all markets and a solid rally in the U.S. Dollar... GZ