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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: Kimston who wrote (3749)6/26/2014 7:59:38 PM
From: The Ox  Read Replies (1) | Respond to of 15903
 
I think the DJIA is showing a slightly different reading than the Compq and it is one of the reasons why I think your call is probably early, if not outright wrong.



Looking at this chart of the DJIA, it shows too much strength and not enough weakness to mirror what was happening in 2011. I believe its important to look at the different indexes to see if they are all lining up for a similar move. If there is a divergence, I believe it's best to respect it, until it either complies with the rest or the rest show something more in line with the divergence.

Similarly, I don't see the individual subsectors rolling over yet. At the bottom of the header post on this thread will show many different sectors and I don't see them showing the signs of the top at this stage. This isn't to say that you are wrong but they aren't showing the weakness that one would associate with start of a new and large downturn.
Subject 55649

With the exception of the SMH/SOX, I don't really see the sectors ready to roll over. Having said this, if the SOX starts to tank (which I know is one of your positions - SOXS), then we should all be aware that this is very often a leading indicator for not only the COMPQ but for the overall market. However, with the many different sector rotations we've seen this year, the SOX rolling over doesn't have to be the ultimate leading indicator for the market.



To: Kimston who wrote (3749)2/25/2019 11:28:41 AM
From: da_cheif™1 Recommendation

Recommended By
gotmojo

  Respond to of 15903
 
what is bullish about that chart?>> its designed to keep u out.....u shud learn to think like a krimnal



To: Kimston who wrote (3749)2/28/2019 9:51:22 PM
From: GROUND ZERO™2 Recommendations

Recommended By
Blasher
Don Green

  Read Replies (1) | Respond to of 15903
 
You're too close to the chart to see it... leave the chart where it is and step back about 15 feet and then look at it again...

Okay, now tell me in which direction is the market moving???

GZ