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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 (86124)	8/29/2016 1:04:03 AM
From: Drygulch Dan	2 Recommendations Recommended By edu1102 Joppike Read Replies (1) \| Respond to of 218769

howz it doing so far ? I don't follow it. So I really have no clue. I just trade stocks. Some trades are good others are no so good. Recently, since BREXIT the bank stocks have been doing well. With hurricane season and a house build going on, I have almost totally forgotten about the coming election. I'll bet our phone recorder is full of political calls, like usual. I keep getting email for that worthless Senator of our state, Harry R, god only knows why and Harry just wants money. My money. Appalling! Just got back from my visit to the boat this week all is almost well there except from a small fresh water leak that had become somewhat greater in the months since I was last there. So now I'm being forced to attempt to modify the boats plumbing system so I can isolate the leak and eliminate it properly. Other than that 99L was a miss and I'm grateful for that. I saw that all the major banks responded with a very short term uptick in price at about 10 AM last Friday. Perhaps your gal friend - Janet said something that triggered it and then she corrected herself a few seconds later. All the banks daily charts showed that uptick followed by a equally sudden and severe drop in price that sort of cancelled out the prior rise. Curious!

To: GROUND ZERO™ who wrote (86124)	8/29/2016 1:22:42 PM
From: Joppike	Read Replies (2) \| Respond to of 218769

GZ, I think there's a few of us that are seeing evidence of a looming market correction. This is on my shortlist: -Inflation is high --don't believe the CPI, it doesn't include the rapidly increasing price of rent. An entire generation of millennials is renting and they are struggling. -Bond market is starting to show risk --10-yr bonds are showing likelihood of a rate increase soon (bond prices have been dropping). -VIX is low...too low. --People are assuming very low risk, unusually low with the uncertainty in Europe, in the U.S. (especially tech stocks like Uber), China, Middle Easy...this list can keep going. -S&P 500 near an all-time high. --Unusual since we are in the middle of a global slowdown, there's a prospect of a rate hike and the most worrying election season we have ever had. -2016 Elections --This is a messy election season. I don't want to get into politics here, but I am worried for our future. We have to choose between an inexperienced narcissist who has managed to alienate almost every minority in the U.S., and a corrupt politician who is implicated in numerous scandals, and has a trigger happy finger. As a public we have grown accustomed to poor choices for our presidential candidates, but this is deplorable. The next 2 months will further erode confidence in our government and our economy. I strongly believe we should start purchasing some inverse ETF's. Is there a way we can make a list for the best ones on this board?