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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (13407)11/28/2012 6:50:06 AM
From: Hawkmoon2 Recommendations  Respond to of 33421
 
Here's a more technical reason to suggest a severe market pull-back is approaching..

Posted on Ground Zero's thread where he primarily tracks the SPX:

Message 28571690

Also note, the upper Bollinger Band arm is not flaring upward, suggesting higher prices, but re-tracing to the downside. Quarterly charts are very powerful for long-term trends.. As are the Bollinger Bands.

Hawk



To: John Pitera who wrote (13407)12/1/2012 10:43:38 AM
From: Fiscally Conservative3 Recommendations  Read Replies (1) | Respond to of 33421
 
Nice Job John!
Folks who believe these markets are on sound footing and should be Long Equites have their heads in the sand.
There is no justification to be Long this Stock Market Con game.
The sharks are setting up to feast.
Thank You for posting your views.



To: John Pitera who wrote (13407)12/6/2012 9:55:59 PM
From: karma1 Recommendation  Read Replies (1) | Respond to of 33421
 
this is very logical. First two years of a presidential term are usually down years.