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

To: Seismo who wrote (88076)	11/21/2016 3:26:45 PM
From: Drygulch Dan	Respond to of 220713

Sold my big oil position this morning now shopping for a place to redeploy my funds.

To: Seismo who wrote (88076)	11/21/2016 3:48:14 PM
From: GoodGord	Read Replies (1) \| Respond to of 220713

I just sat and watched the market float up. There's some good action coming, just don't what to chase here.

To: Seismo who wrote (88076)	11/21/2016 4:55:53 PM
From: GROUND ZERO™	Respond to of 220713

Shock and awe... and lots of disbelief... yes, it's very quiet... quiet before the storm... I can see this market all of a sudden take a turn while everyone is so complacently bullish... after all, even if this market is going higher, look at how far it has already run... can it keep this going??? I don't know, nothing runs forever without a turn or some sort... so, I figures, it has to pop at some point... although, it looks like the "bigger fool" phenomenon is in full swing... buy at record levels and then sell it even higher to the bigger fool... LOL!!! I went flat on the close and took a very light short in the $NDX, strictly a very near term experiment in foolishness since I made too much on the way up, this past week has been incredible... GZ