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


To: steve from ihub who wrote (40714)11/21/2012 7:17:59 PM
From: GROUND ZERO™1 Recommendation  Read Replies (1) | Respond to of 219293
 
Yes, you're right... and unfortunately, I think we'll see more than 10% inflation sooner than later... why is the stock market moving higher? Again, inflation... because it also costs more money to buy the same number of shares...

GZ



To: steve from ihub who wrote (40714)11/23/2012 7:13:46 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219293
 
I don't know how accurate it is, but a report this morning said there was more than one billion dollars in online sales each day for the past 10 days... this has got to be positive for the economic psyche, and Christmas is still a month away... I think this is the time to enjoy the rally... today I'm buying XRT, this is an SP ETF for the retail sales groups... it's part of the SP group, but it's a more bullish chart... I do see that gap below the market, but lucky for me and "knock on wood" I'm not superstitious... (gulp)... LOL!!!



GZ