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

To: GROUND ZERO™ who wrote (44677)1/25/2013 11:06:48 PM
From: Keith Feral  Read Replies (3) | Respond to of 222671
 
Market definitely getting frothy. However, it's bizzarre to see so many currencies all breaking down at one time. British pound, Canadian dollar, Japanese Yen, Aussie dollar, etc... Dollar has been relatively unscathed in either direction and Euro is breaking out. Not sure if the breakout in TNX is positive or negative, but last time it got much above 2%, it went parabolic for a couple days before collapsing.



To: GROUND ZERO™ who wrote (44677)1/27/2013 8:19:09 AM
From: Roebear  Read Replies (2) | Respond to of 222671
 
Frothy Indeed the market it, but it can play cappuccino for quite awhile. Haven't done the needed work to nail down when a sizable correction (or the now dismissed second shoe drop) will come, but it is certain to come and now time to put some serious work into having some parameters for its arrival.

Thanks for your updates.


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